socalTECH

DECEMBER 28, 2017

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's "movers and shakers" in the technology industry. This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners.

Capital 124

Capital Southern California SaaS SoCal 124

socalTECH

MARCH 1, 2017

Venice, California-based Snap, Inc. has officially priced its IPO, saying on Wednesday afternoon that it will sell 200M shares of its common stock at $17.00 The IPO is Southern California's largest, technology IPO in history, and makes founder Evan Spiegel and Bobby Murphy each instantly worth $3.58 The IPO will raise $3.4

Pricing 100

Pricing Southern California Snapchat Venice 100

socalTECH

APRIL 25, 2018

Lynwood, California-based NEXT Trucking , which operates an online marketplace which connects carriers to shippers, says it is planning a big hiring push in Southern California, after a big $21M funding round from Sequoia Capital.

Lynwood 100

Lynwood Southern California Capital Sales 100

socalTECH

OCTOBER 8, 2015

A number of Southern California angel investors are undoubtedly breaking out the champagne this morning, after the successful IPO of CytomX Therapeutics , a developer of cancer therapeutics which was spun out of UC Santa Barbara. Cytomx priced its IPO at $12.00 in morning trading. READ MORE>>.

Southern California 100

Southern California Santa Barbara Angel SoCal 100

socalTECH

JUNE 25, 2010

A little known Southern California venture capital investor is benefiting from the IPO of Silicon Valley-based Fabrinet today, after Fabrinet said it has priced its IPO and will list on the New York Stock Exchange. Fabrinet said Friday that it has priced its IPO at $10.00, down from an estimated pricing range of $12.00

Southern California 150

Southern California Walnut SoCal Venture Capital 150

socalTECH

DECEMBER 19, 2019

Santa Monica-based GoodRx , a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's Chief Technology Officer. GoodRx is backed by Founders Fund, Upfront Ventures, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (drugstore.com), and Mike Ovitz.

Chief Technology Officer 100

Chief Technology Officer Ticketmaster Southern California Santa Monica 100

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

Demand 162

Demand Pricing Cornerstone OnDemand Media 162

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. Southern California, in particular, has a lot of talent in ad tech. Big ideas rule the day.

Southern California 113

Southern California Capital Funding Invest 113

SoCal Tech Calendar

MAY 26, 2016

Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details on the round have not been announced.

Snapchat 113

Snapchat Funding Southern California Venice 113

socalTECH

JANUARY 12, 2011

Demand Media's IPO efforts have been one of the closest watched activities in the Southern California technology industry, as an indicator of the IPO prospects for other technology companies here. Demand Media runs such sites as LiveStrong and eHow, along with a network of other media and content focused sites.

Demand 157

Demand Media Pricing eHow 157

socalTECH

DECEMBER 23, 2019

Rivian , the electric truck maker which has offices in both Irvine and Carson, California, has raised a huge, $1.3 Rowe Price, and also included Amazon, Ford Motor Company, and BlackRock. billion funding round, the company said on Monday. The funding was a fourth round for the company, which has now raised a total of more than $2.85

Carson 100

Carson SoCal Southern California Pricing 100

socalTECH

OCTOBER 24, 2014

Los Angeles-based venture capital investor Upfront Ventures is one of the investors in a new, luxury valet service launching in San Francisco, called Luxe. Valet parking seems to be on the minds of investors lately, with at least one Southern California startup--valet parking startup Curbstand --also recently announcing a round of funding.

Services 168

Services Southern California Redpoint Seed Funding 168

SoCal CTO

MARCH 20, 2007

Dr. Karrer was valedictorian at Loyola Marymount University, attended the University of Southern California as a Tau Beta Pi fellow, one of the top 30 engineers in the nation, and received a M.S. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. in Computer Science.

Venture Capital 150

Venture Capital Guide CTO Coach Southern California 150

socalTECH

MARCH 1, 2017

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Other big winners are venture investors Benchmark Capital , and General Partner Mitch Laskey , with just over $2.0 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Laskey , with just over $2.0

Southern California 100

Southern California Venice .Net Mobile 100

TechCrunch LA

APRIL 23, 2020

As the nation’s second-largest metropolitan area, boasting an over $1 trillion economy, decisions made in the city can have broad economic and social implications that ripple far beyond the Southern California region.

Southern California 261

Southern California Los Angeles Rosemead Incubator 261

socalTECH

MARCH 1, 2017

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Other big winners are venture investors Benchmark Capital , and General Partner Mitch Lasky , with just over $2.0 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Lasky , with just over $2.0

Southern California 100

Southern California Snapchat Venice .Net 100

socalTECH

SEPTEMBER 16, 2016

Everbridge , a developer of emergency notification tools which was founded and still has major operations in both Glendale and Pasadena, has had an IPO, raising $90M for the company and marking another major, SoCal linked technology startup exit in what has been a busy year for deals. per share, after pricing at $12.00 and $13.00

Glendale 100

Glendale Marketing SoCal Southern California 100

socalTECH

MARCH 21, 2016

A new report, issued Monday, says that IPO activity has slowed significantly in Q1, with a 39 percent drop in volume and 70 percent decline in total capital raised versus Q1 of last year. The report noted concerns about a "global economic slowdown, falling oil prices and turbulent equity markets." per share IPO price in November.

Activity 100

Activity Report Southern California Pricing 100

socalTECH

FEBRUARY 9, 2016

Presented by Clear Capital Advisors. Panel discussions include: The Big Impact of Big Data; SoCal Rockstars You Don�t Know �But Will; Cybersecurity: The Shadow Under the Cloud; The Analytics that Drive Your Venture�s Valuation. Register and use PROMO CODE: SocalTECH100off for $100 off ticket price. Register today!

Conference 100

Conference SoCal Southern California SaaS 100

socalTECH

MARCH 28, 2014

The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by Redpoint Ventures, which funded the company out of its Los Angeles office. 2U priced at $13.00, at the high end of its $11.00 2U priced at $13.00, at the high end of its $11.00

Redpoint 166

Redpoint USC Southern California Education 166

socalTECH

MARCH 30, 2017

Pricing on the new offerings was not announced. The company recently joined the list of unicorns in Southern California after a big funding round from Iconiq Capital. Tooey Courtemanche is CEO of Procore Technologies. READ MORE>>.

Product 100

Product Southern California Software Development Pricing 100

socalTECH

MARCH 20, 2014

Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 RBC Capital Markets, Needham & Company, Oppenheimer & Co, and Luma Securities. and $17.00

Clearstone 164

Clearstone Southern California Advertising San Diego 164

socalTECH

FEBRUARY 9, 2010

Thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Backing Southern California's next great technology companies. We Create Demand for California's Technology Companies. SoCal IP Law Group LLP - IP Counselors For Technology Companies.

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

socalTECH

JUNE 19, 2012

According to reports , the firm expects to price its IPO as late June. The firm is venture backed by JMI Equity and Sequoia Capital. The last successful, venture-backed IPO in Southern California was Ceres in February. ServiceNow filed for its IPO in March.

Report 145

Report Southern California San Diego Equity 145

socalTECH

MARCH 17, 2011

The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm priced last night at $13.00, well above its initial $9 to $11 estimated initial pricing range. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. READ MORE>>.

Cornerstone OnDemand 164

Cornerstone OnDemand ReachLocal Southern California Santa Monica 164

socalTECH

SEPTEMBER 27, 2011

Los Angeles-based RealD , the provider of 3D movie projection technology, was suggested as a takeover target Tuesday by Merriman Capital analyst Eric Wold Tuesday, sparking a jump in RealD's stock price. READ MORE>>.

Southern California 145

Southern California Acquisition Los Angeles Pricing 145

socalTECH

MAY 20, 2011

Brighter.com is aiming at helping uninsured Americans find discounted pricing on dental procedures, providing upfront, pre-negotiated prices on major dental procedures nationwide. The new site--the latest from entrepreneur Jake Winebaum --said that the funding was led by Mayfield Fund.

Funding 198

Funding Southern California Santa Monica Incubator 198

Both Sides of the Table

OCTOBER 21, 2009

On the third Wednesday of every month I co-chair a meeting called the SoCal VCA (venture capital alliance), which represents participants from all of the top venture capital firms in Southern California as well as prominent members of the Tech Coast Angels (TCA). What are your predictions for the road ahead.

Venture Capital 241

Venture Capital Technical Review Southern California Company 241

socalTECH

MARCH 17, 2011

The robust reception for Cornerstone--trading as CSOD--came after the firm priced above initial estimates of $9 to $11 per share. READ MORE>>.

Cornerstone OnDemand 165

Cornerstone OnDemand Southern California Santa Monica Resource 165

socalTECH

JANUARY 26, 2011

Demand, which debuted on the NYSE as DMD this morning, priced at $17.00, but soon shot up to as high as $25.00 Demand Media was venture backed by Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., The firm closed at $22.65 Wednesday afternoon. million shares. and Generation Partners. READ MORE>>.

Demand 164

Demand Media Southern California Santa Monica 164

socalTECH

NOVEMBER 16, 2011

Two, Southern California venture investors have scored an exit this morning with the IPO of Clovis Oncology. San Diego's Domain Associates and Newport Beach-based Versant Ventures are both significant investors in Clovis, which priced its IPO last night at $13.00, at the lower end of its $13.00 estimated IPO range.

Southern California 147

Southern California San Diego Pricing Marketing 147

socalTECH

JULY 16, 2010

With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.

Westlake Village 145

Westlake Village Woodland Hills Thousand Oaks ReachLocal 145

socalTECH

JULY 19, 2010

In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Green Dot is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angels. and $35.00 per share, and will list on the NYSE at GDOT.

Beverly Hills 133

Beverly Hills Tech Coast Angels Monrovia Southern California 133

SoCal Tech Calendar

MARCH 3, 2010

Tuesday, March 9, 2010 -- Innovation: Commercializing Medical Services using an Advanced Pricing Model. We will kick off the Growth Strategy Series with the topic of Innovation: Commercializing Medical Services using an Advanced Pricing Model. See [link] (more).

Pricing 100

Pricing Services Organization Software 100

Both Sides of the Table

JULY 15, 2010

If you’re an entrepreneur, all else equal you prefer convertible debt because the deal is priced at a later stage when you’re worth more. If you’re an angel investor you prefer a “priced&# rounds because you want to lock in a lower price given that you’re taking more risk up front. Don’t.

Venture Capital 210

Venture Capital Seed Funding Pricing Southern California 210

TechCrunch LA

MAY 19, 2020

According to an October article in The New York Times , the rent for one of United Dwelling’s detached studio apartments around the University of Southern California’s campus would cost roughly $1400 per month. “We’ve been spending a lot of time thinking about fundamental social challenges,” said Grouf.

Los Angeles 191

Los Angeles Startup Culver City .Net 191

SoCal Tech Calendar

APRIL 15, 2010

Wednesday, April 21, 2010 -- LAVA's 2010 Investment Capital Conference. We believe the theme, "A Practical Guide to Financing in 2010 - Current Market Sources and Pricing", reflects what's needed most by corporate executives because the financing landscape has changed dramatically.

LAVA 100

LAVA Conference Capital Invest 100