Venture Capital is About Human Capital

Both Sides of the Table

Fundamentally venture capital is about human capital. Importantly, we recently announced a $30 million financing that gives us the resources we need to build a global enterprise software company. Venture Capital is a people business.

It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1.

Trending Sources

Business.com Acquired By Resource Nation, With JMI Backing

socalTECH

San Diego-based Resource Nation , an online business-to-business marketing provider, has acquired the brand name, domain, and assets of Business.com , the firm announced today. JMI Equity General Partner Peter Arrowsmith and Vice President David Greenberg have joined Resource Nation's board as part of the acquisition. Resource Nation said that it would retain a number of current and former Business.com sales and account managers, as well as other key employees as part of the buy.

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around.

Frost Data Capital, Symantec Link On Cyber Security Startups

socalTECH

San Juan Capistrano-based Frost Data Capital , the startup incubator led by security veteran Stuart Frost, has inked a major deal with Symantec , to launch and fund security and analytics startups. According to the two, they have partnered to create and seed early-stage startups with funding, resources, and expertise, and are hoping to launch and grow up to 10 security and Internet-of-Things analytics startups per year.

March Capital Partners' Jim Armstrong On A New, $240M Venture Fund

socalTECH

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.

SoCal 11

Consider all resources before seeking investment.

Berkonomics

There are so many resources for early money to validate an idea, turn it into a product and increase the value of the company before professional investors come into the picture. Starting with credit card debt or a personal loan and working through money from friends or family, or simply consulting to earn money for investment, entrepreneurs should consider early resources for capital to produce a prototype, do market research or start to build a team.

SoCalBio Human Resources Conference

SoCal Tech Calendar

Thursday, February 26, 2009 -- The 3rd SoCalBio Human Resources Conference.Organized annually by the Southern California Biomedical Council (SoCalBio), this HR conference provides a forum for information sharing among HR executives in device and biotech companies, HR service providers, bio-recruiters, educators, and workforce training professionals to address human capital and employment needs of Southern California's life-science industry.

Cornerstone OnDemand Buys Evolv

socalTECH

Evolv was venture backed by VantagePoint, GGV Capital, Khosla Ventures and Lightspeed Venture Partners, and developed software-as-a-service aimed at the human resources and employee management market, which helps employers better match job applicants to positions. cornerstone ondemand merger acquisition human resources evolv machine learning data bigdata

Cornerstone OnDemand Up Nearly 47 Percent In IPO

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources software headed by Adam Miller, were up nearly 47 percent Thursday in its initial public offering. Cornerstone OnDemand is the latest in a string of venture backed startup out of Southern California to successfully reach the public markets; the firm was backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital.

Cornerstone OnDemand Buys New Zealand Firm

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of human resources and talent management software-as-a-service, said today that it has agreed to acquire Auckland, New Zealand-based Sonar Limited (Sonar6). cornerstone ondemand talent management software human resources merger acquisition zealand sonar6 sonar

Cornerstone OnDemand Expected To IPO Thursday

socalTECH

Cornerstone onDemand is a provider of human resources and talent management software. Barclays Capital, William Blair & Company, Pacific Crest Securities, Piper Jaffray, and JMP Securities. Cornerstone OnDemand's CEO and founder is Adam Miller, and the company is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. cornerstone ondemand merger acquisition csod nasdaq exit human resources software saas

Cornerstone OnDemand Links With Deloitte

socalTECH

Santa Monica-based talent management software developer Cornerstone OnDemand said today along with Deloitte , that the two are in a new, strategic global relationship with Deloitte''s human capital management consulting practice. Cornerstone''s cloud-based software is used for training, recruiting, managing new employees, and many other aspects of human resources and talent management at companies.

Cornerstone OnDemand Jumps In IPO Debut

socalTECH

The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management. Cornerstone OnDemand was venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. csod cornerstone ondemand saas software merger acquisition exit human resources nasdaqSanta Monica-based Cornerstone OnDemand debuted on the markets Thursday in a strong showing, trading as high as $20.25 after its IPO debut a $13.00 per share.

Vinny Smith's Toba Capital Backs Restless Bandit

socalTECH

Vinny Smith , the founder of Irvine's Quest Software, has put his backing behind a San Francisco developers of human resources software, Restless Bandit. Restless Bandit said today that it has raised $10M in a funding round, which came from both GGV Capital and Toba Capital, the investment arm of Quest's Smith. Vinny Smith launched Toba Capital after his sold Quest Software to Dell in 2012, for $2.4 vinny smith toba capital restless bandit quest venture investment

Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

socalTECH

A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the Pasadena Angels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation in terms of the number of deals in 2016. The rankings were released in the Angel Resource Insitute's 2016 ARI HALO Report. halo report angel investment tech coast angels pasadena deals venture capital

Bevo Media Acquired By Vize Capital

socalTECH

San Diego-based Bevo Media , an online ad exchange and ad tracking platform developer, has been acquired by private equity investor Vize Capital. Financial terms of the acquisition were not disclosed.Bevo Media, which is led and was founded by Ryan Bukevicz, said that Vize Capital plans to invest "significant resources" into growing the company and improving its platform. bevo media vize capital performance advertising exchange merger acqusition ryan bukevz

TerrAvion’s Eye in the Sky For Growers, And Now, Ranchers

Xconomy

Two growing Seattle-area satellite companies are focusing on agriculture: Planetary Resources and Spaceflight Industries, which just launched the first of its BlackSky imaging satellites and plans to have 60 circling the globe by 2020. TerrAvion’s investors include Y Combinator, Funders Club, Initialized Capital, Promus Ventures, and Grey Corp.

Pasadena Angels Invest Over $4M in 2014

Ask the Angels

Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity. Pasadena Angels are a great resource for the entrepreneur community in the Greater Los Angeles area, not only for financial support but also by supporting the development and commercialization of innovations taking place in our community,” said Terry Kay, President of Pasadena Angels.

Getting Your Head in the Game for Fund Raising

Both Sides of the Table

It’s why raising a round of capital often feels like a hollow victory because it almost feels like a temporary reprieve from the Grim Reaper and in a way every new round just sets the bar higher to clear for the next round of financing or the hope of reaching profitability.

Press 77

CampusExplorer Gets $5M

socalTECH

Santa Monica-based Campus Explorer , which provides an online resource on universities, colleges, student loans, housing, and more to students, has raised $5M in a Series C funding round, according to a source near the firm. The funding came from Vicente Capital Partners, OCA Venture Partners, and Origin Ventures. Klaus Koch led the investment for Vicente Capital.

ADP Setting Up Technology Center In Pasadena With 350 Employees

socalTECH

Human resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. The company says it specifically is looking to capitalize on the existing tech business community in Pasadena and the surrounding Los Angeles area, along with local schools like Caltech, The Art Center College of Design and Pasadena City College.

Cornerstone OnDemand IPO Prices At $13 Per Share

socalTECH

The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. saas software resources human exit nasdaq csod acquisition merger ondemand cornerstoneSanta Monica-based Cornerstone OnDemand has priced its IPO at $13.00 per share, above its estimated offering range of between $9.00 and $11.00 per share, raising $136.5M

Frost Data Capital, GE Launch Industrial Internet Incubator

socalTECH

Frost Data Capital , the startup incubator firm led by Stuart Frost, has tied with GE to launch a new, startup incubator aimed at industrial Internet startups, the two said Wednesday. The two said they have started Frost I3 , which will provide funding, resources, and expertise aimed at companies focused on industrial technologies. Those startups will be based in Southern California, and receive funding from both Frost Data Capital and GE Ventures.

Wiser Capital Gets $1.25M For Renewable Energy Efforts

socalTECH

Santa Barbara-based Wiser Capital has raised $1.25M in a funding round, to go towards its online platform for sourcing and funding commercial solar projects. The company said the funding came from private investors, and will go towards adding personnel and resources to the company. Wiser Capital said it has created an online marketplace for connecting energy investors, host facilities, and photovoltaic systems integrators, to help fund commercial photovoltaic (PV) projects.

The Top 30 Celebrity Investors in Tech

Tech.Co

After all, they are flushed with capital and startups are always looking for a few more resources to pursue success and change the world. The tech world is filled with unique personalities, budding innovators, and a great deal of money.

SoCal Venture Capitalists Shut Out Of Midas List

socalTECH

Forbes Magazine has just published its annual Midas List , its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California's venture capital community was shut out of the list entirely. midas list forbes venture capital capitalist greendot cornerstone

Cornerstone OnDemand Signs Italian Fashion Brand

socalTECH

Santa Monica-based human capital management software developer Cornerstone OnDemand has signed on Italian luxury menswear brand Canali as its newest customers. csod cornerstone ondemand italy italian canali saas software human resources capital managementCornerstone OnDemand said Canali is implementing its talent management software to better recruit, develop, and manage its people. Financial impact of the customer win was not announced.

Pharma’s Productivity Problem: Finding More Blockbuster Drugs

Xconomy

An obvious place to look for help is the venture community—Bruce Booth of Atlas Ventures pointed out in a recent blog that venture capital is doing well, and is positioned to do even better in the future. Early acquisitions force pharma to take more risk and spend more of their operating budgets on development over a longer time than buying post-phase II, where they can more efficiently deploy large-scale resources.

Test Your Entrepreneurial Skills With This Simple Test

InfoChachkie

This perpetual resource deficit requires creative and frugal solutions that are often counter intuitive and never obvious. Resourceful/resilient. Sufficient self-awareness is vital when securing resources, such as operating capital, employees, partners and customers.

Boosting the US Economy | Invest in Research & Development for Tax Credit

Tech Zulu Event

A SEIS investment in startups gets you 50 percent deduction on your income tax as well as freedom from capital gains tax if you hold on to your investment for 3 years before selling it. Business Development Capital Consumer development Entrepreneurs Growth investment

Tech Coast Angels Number Two In Angel Investments Report

socalTECH

The report, a national survey of angel group investment activity, was released today by The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights. cbinsights ranking report capital venture investment angel angels coast tech

Pasadena Angels Form $1.3M Investment Fund

Ask the Angels

The Pasadena Angels’ 100 plus members invest individually and directly, without any legal pooling of financial resources. The Pasadena Angels are a great resource for the start-up community in Southern California, by providing capital as well as mentorship. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity.