socalTECH

JULY 20, 2021

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City. Companies this year in the program come from as far as Canada, India, and Ukraine.

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socalTECH

AUGUST 23, 2017

in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company. The publicly held company, which trades on the Nasdaq at MBVX, said the new funding will go toward working capital and general corporate purposes. READ MORE>>.

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socalTECH

JULY 28, 2020

San Diego-based venture capital investment firm Versant Ventures has launched a new biotechnology company, Bright Peak Therapeutics , in Basel, Switzerland, the company announced this morning. READ MORE>>.

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socalTECH

APRIL 17, 2019

A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund said that so far, it has made investments in six different startups, including HypeVR, FABLE STUDIO, Tyffon Inc.,

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Entertainment Invest Artificial Inteligence Funding 133

socalTECH

APRIL 24, 2020

Santa Barbara-based HG Insights , which provides data on IT spending and technology to companies, says it has used its technology to compare the amount of cloud adoption by companies, which it says might help companies better weather the economic storm brought on by COVID-19.

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Santa Barbara Company Companies Technology 124

TechCrunch LA

AUGUST 8, 2020

.” With $10 million in financing from a slew of investors including Upfront Ventures, Alpha Edison, the general partners and founders of True Ventures, and a Korean family office, Share Ventures will look to launch between two and four companies per year. For Watt, the studio model represents the next iteration of startup investing.

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socalTECH

SEPTEMBER 18, 2020

Los Angeles-based Boosted Commerce announced on Thursday that it has raised $87M, and acquired six different companies in the business of Amazon fulfillment. Staggs (former COO of the Walt Disney Company); Marc Mezvinsky (TPG), and David Farhi (COO, Monarch Casino & Resort). READ MORE>>.

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socalTECH

MAY 7, 2018

Santa Monica-based Champion Technology , which develops an artificial intelligence-powered software product for the cybersecurity area, to help improve cyber security analysis, has received a strategic investment from R9B (root9B, LLC), a provider of cybersecurity products and services. Size of the investment was not announced.

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Both Sides of the Table

JANUARY 18, 2011

What I’d like to do is tell you the story of how the investment came to be, what my thesis is / was and share some thoughts on macro trends. I always try hard to make this blog a place where you can learn lessons rather than an advertisement for portfolio companies. I’m also on record as saying I invest in lines & not dots.

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socalTECH

JULY 14, 2011

the subsidiary of Sempra Energy which provides natural gas to the Southern California market, said today that it has invested in. Size of the investment were not disclosed. The investment will go to bring Tecogen's technology to market. Southern California Gas Co. , Tecogen is based in Waltham, Mass. READ MORE>>.

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Invest Southern California Company Companies 150

TechCrunch LA

APRIL 8, 2021

In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion. Now, the company said, it has achieved the necessary temperatures to make its reactors commercially viable.

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Technology Artificial Inteligence Google Orange County 354

TechCrunch LA

FEBRUARY 2, 2021

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. We feel fortunate to partner with a team that has such deep expertise in commerce and technology.

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Both Sides of the Table

NOVEMBER 15, 2014

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.

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Company Companies Startup Snapchat 369

socalTECH

OCTOBER 18, 2013

Southern California technology companies raised $709.8M Los Angeles led the region in investments, with $348.6M in investments; San Diego followed, with $205.2M in venture capital raised in Q3; Orange County had $155.96M in investments for the quarter. in investment. in investment. READ MORE>>.

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Both Sides of the Table

MARCH 17, 2010

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves. But we have a great city for building technology companies.

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Company Companies Technology Startup 290

socalTECH

AUGUST 31, 2016

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced. The company's CEO is Ramki Sankaranarayanan.

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Equity Culver City Invest Technology 145

socalTECH

MARCH 14, 2018

West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The company's Managing Partner is Karan Wadhera. READ MORE>>.

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West Hollywood Invest Capital Funding 210

socalTECH

FEBRUARY 13, 2020

San Diego-based Seqster , which develops software used f[link] health data management, said today that it has received an investment from Takeda Pharmaceuticals. Size of the investment was not announced. The company says its platform is already in use among 3,000 healthcare providers and over 100,000 hospitals and clinics.

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Invest San Diego Platform Software 169

socalTECH

JULY 8, 2021

Los Angeles-based private equity investor Diversis Capital Partners has made a "significant" growth investment in Toronto-based Adlib, a developer of software used for structuring data. Size of that investment was not announced. The company says its customers include B2B brands and Fortune 1000 customers.

Invest 113

Invest Capital Equity Los Angeles 113

socalTECH

NOVEMBER 7, 2017

Irvine-based Digital Map Products , a developer of geospatial mapping technology and related products, said on Tuesday that it has acquired Mexico Business Directory (MDB). DMP said the acquisition is the second for the company this year, including an acquisition in July of DMTI Spatial, a Canadian location intelligence and data company.

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Product Company Companies Acquisition 124

socalTECH

AUGUST 23, 2017

LA's technology startup industry has saw a surge in new companies and efforts from its serial entrepreneurs in the last few months. Here's a quick look at just a few of the new companies who are led by serial entrepreneurs from the LA ecosystem. Entering Startup image courtesy Mike @ flickr. Funding status: Backing from CAA.

Entrepreneur 113

Entrepreneur Company Companies Technical Review 113

SoCal Tech Calendar

MARCH 19, 2019

Talk: Investment in Technology and Automation Across Industry in LA County. Technological innovations like artificial intelligence and automation are impacting how businesses are looking to the future investments in their organizations, and their industries as a whole. Thursday, March 21, 2019 -- R.E.D

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Artificial Inteligence Invest Technology Organization 100

Both Sides of the Table

SEPTEMBER 17, 2013

In my last post I pointed out that many of the media commentators who have criticized the YouTube video network companies as not having strong businesses were mistaken. The best “MCNs” are in fact building strong technology businesses with rapid growth and strong, defensible assets. Technology is Critical.

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Company Companies Technical Review Content 339

L.A. Business Journal

APRIL 19, 2021

Santa Monica-based advertising technology company GumGum Inc. announced a new $75 million investment April 13 from the growth equity division of Goldman Sachs Group Inc.

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Invest Santa Monica Equity Advertising 130

socalTECH

NOVEMBER 21, 2019

Irvine-based SurePrep , a developer of tax automation software and services for the professional tax return preparation market, has received what it calls a "significant" minority growth investment. The investment came from private equity investor Bregal Sagemount. Size and details on the financing round were not announced.

Invest 138

Invest Equity Software Help 138

socalTECH

OCTOBER 5, 2020

Pasadena-based online vitamin seller iHerb says it plans to invest $100M in Russia, as a part of an effort to serve the Russian community. The company, which sells vitamins and supplements online, did not say what percentage of its business is in that country. The company's President is Emun Zabihi. READ MORE>>.

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Both Sides of the Table

MAY 27, 2016

I was speaking recently to the team at NuOrder , an LA-based company we’re an investor in about “realism in startups” — an impromptu talk I have given to any of our portfolio companies who ask. During the Q&A I was asked about how I make investment decisions in early-stage businesses. I fall in love.” Innovator’s Dilemma.

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Invest Writing Pricing Metrics 254

socalTECH

NOVEMBER 19, 2020

Los Angeles-based virtual reality startup Wave has scoreds an investment from Chinese company Tencent Holdings , as part of a partnership to bring Wave's animated concert technology to companies in China, the two said on Thursday. Financial details of the minority investment were not announced.

Invest 124

Invest Los Angeles Startup Technology 124

Berkonomics

MAY 8, 2014

I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment. The company has been funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. How refreshing!

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Company Companies Writing Education 166

socalTECH

JUNE 13, 2019

Costa Mesa-based CerraCap Ventures , a venture capital firm which invests in early stage technology companies, announced this morning that it has received a strategic investment, from a unit of IIFL Wealth Management Limited (IIFL Wealth), a large Indian private wealth management company. READ MORE>>.

Invest 113

Invest Venture Capital Capital Funding 113

socalTECH

JULY 7, 2021

Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups.

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Venture Capital Invest Capital Ventura 113

socalTECH

OCTOBER 6, 2021

Carlsbad-based mionx, a developer of lithium-ion battery technology, says it has received a Series B financing round. Size of the investment was not announced. The company said the funding will go to accelerate transfer of its technology to lithium-ion battery manufacturers. Amionx is led by CEO Jenna King.

Technology 113

Technology Funding Invest Help 113

Both Sides of the Table

MARCH 30, 2010

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Naturally I’m excited about this investment or I wouldn’t have done it.

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Mobile Invest Company Companies 282

TechCrunch LA

MARCH 7, 2018

The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif.,

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Santa Monica Technology Venture Capital Los Angeles 213

TechCrunch LA

SEPTEMBER 13, 2021

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

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Technical Review Software Review Invest Acquisition 296

socalTECH

JANUARY 9, 2023

Santa Barbara-based Live Data Technologies said this morning that it has raised $5M in a Series A funding round. The company says it is developing software to verify B2B contact data for people, tracking people as they move jobs. Source of the funding was not announced.

Technology 100

Technology Santa Barbara Funding Software 100

socalTECH

FEBRUARY 1, 2022

Westlake Village-based gravity energy storage technology developer Energy Vault announced this morning that it is in a $100M transaction with two companies, Atlas Renewable and China Tianying, which involves a $50M investment subscription and an expansion of a PIPE agreement from $150M to $200M.

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Westlake Village Invest Acquisition Capital 100