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Sonos Files For IPO

socalTECH

Santa Barbara-based Sonos has filed for a confidential IPO, according to a report on Wednesday, which says that Sonos is hoping to go public as soon as June. Sonos has received backing from such investors as BV Capital, Elevation Partners, Index Ventures, Kohlberg Kravis Roberts & Co., and Redpoint Ventures.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. We really believe in the market.

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Sonos Sees Successful IPO

socalTECH

Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. Sonos is backed by KKR, as well as Index Ventures and Redpoint Ventures. Sonos, which priced at $15.00 on Thursday, 32.73

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Impact Radius Scores $6M

socalTECH

Santa Barbara-based Impact Radius , a developer of multi-channel, performance advertising technology, announced today that it has raised $6M in a venture funding round. The round was led by Redpoint Ventures. As part of the funding, Redpoint's Greg Martin joins the company's board of directors. READ MORE>>.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. for Santa Monica electric vehicle firm Coda Automotive. Father north, in Santa Barbara, Sonos scored $25.0M

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Forbes Midas List Skips SoCal, Again

socalTECH

The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list. READ MORE>>.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

When I drill down on that term, you can see why with posts like: Hollis-Eden Pharmaceuticals Lops A Third Of Company THQ Lays Off 100 Employees, Closes San Diego Office Citrix Cuts 10 Percent; Santa Barbara Hit And it's also interesting to see what geographies are being associated with "Layoffs" more often than others: Layoffs Woodland Hills Layoffs (..)

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