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Kajabi Collects Massive $550M Round

socalTECH

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity.

Commerce 113
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After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

TechCrunch LA

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

Media 134
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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

Today, when you start a brand, your first hire is probably someone to build out your Shopify site. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. The equity will go toward hiring more talent to join Ghost’s 25-person team. Syrup Tech bags $6.3M

Product 191
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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Nevertheless, it’s an option that doesn’t cost you equity. In the early days (25 years ago), most new e-commerce sites cost a million dollars to set up.

Startup 136
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Shopzilla Buys Zappli

socalTECH

Los Angeles-based comparison shopping site Shopzilla said this morning that it has acquired Zappli , a developer of mobile applications. Zappli develops a mobile app called InstaBuy, which helps e-commerce sites with quick online checkout via phone, as well as myShopanion, a social shopping app for mobie users. READ MORE>>.

Commerce 153
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5 Reasons For Monetizing The Idle Resources Of Others

Startup Professionals Musings

Usually these are revenue-generating e-commerce sites, or have the potential to be revenue-generating. These days, accessible starts with being visibly listed online, in lieu of the now old-fashioned rental sites and swap-meets. For utilization to increase, assets need to be made accessible.

Resource 126
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Cooking.com Gets $13.5M

socalTECH

in a debt and preferred equity round of funding, according to investment firm BIA Digital Partners II, LP. BIA said that the round also included primary equity backer Azure Capital Partners. The funding will go towards growth of the company's flagship site, as well as build out of its e-commerce and enterprise products.