socalTECH

DECEMBER 13, 2016

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

Santa Barbara 100

Santa Barbara Artificial Inteligence Seed Funding Software Development 100

socalTECH

SEPTEMBER 16, 2014

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. Among the successes driving the creation of the fund was the IPO of Santa Monica-based Kite Pharma, which is a spinout of UCLA. READ MORE>>.

Venture Capital 223

Venture Capital UCLA Capital UCSD 223

socalTECH

OCTOBER 14, 2010

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 billion invested in the region.

Southern California 195

Southern California Venture Capital Orange County Rustic Canyon 195

socalTECH

AUGUST 13, 2013

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. Wiser Capital is led by Nathan Homan. wiser capital renewable energy solar project cleantech photovoltaic' READ MORE>>.

Capital 147

Capital Santa Barbara Resource Platform 147

socalTECH

SEPTEMBER 2, 2010

Santa Barbara-based Eucalyptus , which develops cloud computing management software, and Jamcracker , a developer of software for provisioning public and private cloud services, said today that the two firms have integrated their software. Business terms of the effort were not disclosed. Business terms of the effort were not disclosed.

Cloud Computing 184

Cloud Computing Software Santa Barbara Capital 184

InfoChachkie

AUGUST 29, 2011

I recently spoke with an unhappy early-stage investor who described the demise of a life sciences startup which was moved from Santa Barbara to San Diego at the behest of a large venture firm. all of which continue to thrive in Santa Barbara to this day. Thanks Mr. Big Firm VC. STAGE: Few Harvests, Little Planting.

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

socalTECH

OCTOBER 10, 2017

Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The report did not provide details on Orange County, San Diego, Ventura, or Santa Barbara counties. billion invested in the third quarter in more than 1,699 companies. READ MORE>>.

Venture Capital 147

Venture Capital Orange County Report Santa Barbara 147

socalTECH

MARCH 19, 2010

Santa Barbara-based Eucalyptus announced Friday afternoon that the firm has snagged Marten Mickos, most recently the CEO of MySQL AB, as its new CEO. Eucalpytus develops open source, cloud software used to manage cloud deployment, and is venture backed by Benchmark Capital and BV Capital.

Santa Barbara 182

Santa Barbara Cloud Computing Software Acquisition 182

socalTECH

OCTOBER 25, 2021

Santa Barbara-based Eyko, a new startup focused on "data preparation, blending, and streaming", says it has raised $2.5M The company said the funding came from InReach Ventures and Taggia Investments, the personal investment vehicle of former Balderton Capital founder Barry Maloney.

Software 202

Software Santa Barbara Seed Funding Invest 202

socalTECH

JANUARY 14, 2014

Santa Barbara-based Invoca -- better known here by its prior name, RingRevenue -- said this morning that it has raised $20M in a Series C financing round. invoca call marketing automation ringrevenue venture capital accel' Invoca said the new funds will go towards scaling operations and increasing its revenue growth.

Marketing 212

Marketing Santa Barbara Venture Capital Sales 212

socalTECH

JANUARY 22, 2019

This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Kevin sold his last company, Santa Barbara-based Graphiq, in July of 2017 to Amazon, but has a long history of successful companies, including founding DoubleClick.

Venture Capital 145

Venture Capital Startup Invest Capital 145

socalTECH

AUGUST 21, 2017

Santa Barbara-based property management software developer Yardi said Friday that it has signed up Cortland Capital Market Services LLC, as a new customer. Cortland Capital Market Services, which is based in Chicago, provides investment servicing, and is using Yardi's Investment Management software. READ MORE>>.

Capital 113

Capital Services Marketing Santa Barbara 113

socalTECH

AUGUST 21, 2017

A new bill is expected to be introduced this week by local Senator Hannah-Beth Jackson (D-Santa Barbara), to target incidents of sexual harassment in the venture capital industry. Hanna-Beth Jackson is looking to use Senate Bill 224 to amend the Unrah Act, to clarify that the law applies to women entrepreneurs.

Venture Capital 113

Venture Capital Santa Barbara Capital Ventura 113

socalTECH

JUNE 7, 2011

Santa Barbara-based RightScale , the cloud computing firm backed by Tenaya Capital, DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures, said Tuesdya that it has launched a new product called RightScale myCloud.

Cloud Computing 176

Cloud Computing Santa Barbara Software Framework 176

socalTECH

APRIL 5, 2010

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

Southern California 160

Southern California Santa Barbara Anthem Redpoint 160

socalTECH

AUGUST 18, 2009

Santa Barbara-based AppFolio , a developer of software-as-a-service for property management, is announcing today that it has raised $8M in additional funding for the firm. The funding comes from the Investment Group of Santa Barbara (IGSB). Appfolio said the funding round brings the company's total raised to $30M.

Santa Barbara 124

Santa Barbara SaaS Venture Capital Capital 124

socalTECH

SEPTEMBER 22, 2010

Santa Barbara-based RightScale , a developer of cloud computing management software, announced this morning that it has raised $25M in a new round of funding. The third round of funding was led by Tenaya Capital, and also included DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures. across three rounds.

Cloud Computing 178

Cloud Computing Software Santa Barbara Capital 178

socalTECH

FEBRUARY 12, 2013

Santa Barbara-based RightScale , the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M RightScale is venture backed by Benchmark Capital, Index Ventures, and Tenaya Capital. in a new round of funding, according to a regulatory filing by the company.

Cloud Computing 187

Cloud Computing Santa Barbara Software Capital 187

socalTECH

MARCH 28, 2012

Los Angeles- and Santa Barbara-based DFJ Frontier , the venture capital firm founded by David Cremin and Scott Lenet, has scored an exit at one of its portfolio firms, ClearAccess. Other investors in ClearAccess were Blade Ventures and Montlake Capital (formerly Buerk Dale Victor). READ MORE>>.

Santa Barbara 183

Santa Barbara Venture Capital Networking Los Angeles 183

socalTECH

OCTOBER 12, 2010

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. READ MORE>>.

Cloud Computing 197

Cloud Computing Technology Santa Barbara Venture Capital 197

socalTECH

SEPTEMBER 11, 2014

Santa Barbara-based Eucalpytus , the developer of open source software for managing private and hybrid clouds, has been acquired by HP , HP said Thursday afternoon. Eucalpytus, which is led by Marten Mickos, was venture backed by Institutional Venture Partners (IVP), Benchmark Capital, BV Capital, and New Enterprise Associates.

Santa Barbara 178

Santa Barbara Acquisition Software Report 178

Both Sides of the Table

NOVEMBER 9, 2012

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

socalTECH

JUNE 25, 2013

Santa Barbara-based Lastline has raised $10M in a funding round, to go towards the development of its malware defense software, the firm announced this morning. lastline malware defense software venture capital redpoint ucsb' According to the firm, the funding will go towards both sales and further developing its software.

Redpoint 159

Redpoint Santa Barbara Software Venture Capital 159

socalTECH

NOVEMBER 5, 2012

Santa Barbara-based RingRevenue has raised $3.25M in a Series B-2 funding round, according to a regulatory filing by the firm Monday. The company--which provides call tracking technology for the affiliate marketing industry--said in the filing that the funds would be used for working capital. READ MORE>>.

GRP Partners 170

GRP Partners Santa Barbara Capital Funding 170

socalTECH

NOVEMBER 4, 2009

Santa Barbara-based RingRevenue , the call tracking firm headed by former Callwave CFO Jason Spievak, has inked a deal with online marketing and affiliate firm LinkTrust, the two said today. RingRevenue is venture backed by Great Pacific Capital, GRP Partners, and Rincon Venture Partners. READ MORE>>.

Marketing 189

Marketing GRP Partners Santa Barbara Networking 189

socalTECH

NOVEMBER 2, 2011

Santa Barbara-based Sonos , the maker of the user-friendly, multi-room, wireless music streaming systems, said Tuesday that its products are now available at over 6,300 retail locations in North America. Sonos is headed by John MacFarlane, and venture backed by BV Capital and Index Ventures. READ MORE>>.

Santa Barbara 179

Santa Barbara Capital Product 179

socalTECH

OCTOBER 7, 2009

Santa Barbara-based RightSignature , online, software-as-a-service for collecting electronic signatures, took "Best of Show" at VentureNet Wednesday, after a day of presentations by thirteen Southern California startups. socalTECH.com was a media sponsor of the event. socalTECH.com was a media sponsor of the event.

VentureNet 182

VentureNet Southern California Technology Council Santa Barbara 182

socalTECH

JANUARY 5, 2011

Santa Barbara-based Eucalyptus Systems , the developer of cloud computing management software, said Wednesday that it has opened up a new office in Beijing, China. Eucalyptus, which is headed by former MySQL CEO Marten Mickos, is venture backed by New Enterprise Associates, Benchmark Capital, and BV Capital.

Cloud Computing 176

Cloud Computing Santa Barbara Software Review Demand 176

socalTECH

AUGUST 31, 2021

Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company has raised $116M in venture capital, from such investors as Accel, Upfront Ventures, H.I.G.

Santa Barbara 187

Santa Barbara Venture Capital Acquisition Software 187

socalTECH

OCTOBER 28, 2021

A new, Santa Barbara-based private equity investment company Cuadrilla Capital says it has acquired a Mt. Abraham was previously at Clearlake Capital and Marlin Equity Partners. Laurel Township, New Jersey-based company, Agilence. Financial details of the deal were not announced.

Capital 100

Capital Santa Barbara Equity Acquisition 100

socalTECH

NOVEMBER 5, 2009

Santa Barbara-based Eucalpytus Systems , the venture funded startup developing open source, private cloud management software, said Thursday that it has released its first major update of its software. Eucalpytus is venture backed by Benchmark Capital and BV Capital, and is a spinout of UC Santa Barbara.

Software 140

Software Santa Barbara Cloud Computing Capital 140

socalTECH

AUGUST 19, 2010

Santa Barbara-based SpectraFluidics , a developer of chemical detection systems, announced yesterday that it has received a strategic investment from In-Q-Tel , the venture capital arm of the CIA. The company's technology is based on technology which was originally developed at UC Santa Barbara. READ MORE>>.

Santa Barbara 140

Santa Barbara Invest Venture Capital Capital 140

socalTECH

DECEMBER 7, 2010

Santa Barbara-based BioIQ , the diagnostic testing and screening service provider headed by Justin Bellante, said Tuesday that it has simplified access to personal health records on the site. The firm is venture backed by Great Pacific Capital. READ MORE>>.

Services 179

Services Screening Santa Barbara Sites 179

socalTECH

JANUARY 29, 2019

Los Angeles-based HeyTutor , an online marketplace for finding tutors, has raised $1M in its Series A funding, the company announced on Tuesday, from Santa Barbara-based ScOp Venture Capital, the venture investment firm led by serial entrepreneur and investor Kevin O'Connor.

Venture Capital 113

Venture Capital Capital Santa Barbara Los Angeles 113

socalTECH

SEPTEMBER 23, 2010

Santa Barbara-based CytomX Therapeutics , a biotechnology firm developing antibodies, said this morning that it has raised $30M in a Series B funding round. CytomX was started in 2008, based on research out of UC Santa Barbara. The round was led by Third Rock Ventures, and also included the Roche Venture Fund.

Santa Barbara 154

Santa Barbara Venture Capital Research Activity 154

socalTECH

JUNE 16, 2010

Santa Barbara-based Eucalyptus Systems , which develops open source, cloud management software, said today that it has launched the latest version of its Eucalyptus Enterprise Edition (EE) software with support for Windows virtual machines. READ MORE>>.

Santa Barbara 145

Santa Barbara EC2 Cloud Computing Software 145

socalTECH

JANUARY 28, 2010

Santa Barbara-based RingRevenue , the pay-per-call technology firm headed by Jason Spievak, is powering a new direct reponse marketer, As Seen Anywhere , also based in Santa Barbara, the two firms said today. RingRevenue is venture backed by GRP Partners, Rincon Venture Partners, and Great Pacific Capital.

Santa Barbara 153

Santa Barbara GRP Partners Social Media Advertising 153