Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? With the enormous changes to our economies and financial markets?—?how

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Venture Capital Writing Invest Pricing 471

Both Sides of the Table

APRIL 27, 2013

And I am often approached by entrepreneurs in cities which don’t have a vibrant VC community. You can build a meaningful company just about wherever these days. Just ask the people of Portland, Seattle, Boulder, Iowa, Princeton, Dallas or countless other cities that don’t have enough venture capital.

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Venture Capital Marketing Santa Barbara Startup 365

socalTECH

OCTOBER 25, 2021

Santa Barbara-based Eyko, a new startup focused on "data preparation, blending, and streaming", says it has raised $2.5M in a Seed funding round, the company announced this morning. The company said its software moves technical data preparation tasks usually performed by IT to non-technical business users.

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Software Santa Barbara Seed Funding Invest 202

socalTECH

APRIL 2, 2021

Santa Barbara-based Entrada Ventures, a venture capital firm led by Alexander Fang, the former co-founder of Aurrion (acquired by Juniper Networks), has raised $1.6M in a special purpose venture investment fund. The SPV was disclosed through a regulatory filing.

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Santa Barbara Venture Capital Invest Funding 113

socalTECH

MARCH 12, 2019

Santa Barbara-based Impact , which develops software used for partnership automation, said this morning that it has raised $75M in an investment round. According to the company, the funding will go towards accelerating development of its platform, for go-to-market and regional expansion, and other growth efforts.

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Invest Ticketmaster Santa Barbara Equity 113

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. billion invested in the region.

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Southern California Venture Capital Orange County Rustic Canyon 195

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. If you want to understand how the VC industry is changing there is a great primer in the link.

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Venture Capital Funding Technical Review Startup 396

InfoChachkie

AUGUST 29, 2011

I do not advocate that you perform unnatural acts in an attempt to make your company more advantageous to venture funding. LOCATION: I Wish They All Could Be California Companies. A clear trend over the past 15-years is that many Silicon Valley venture capitalists enjoy investing within driving distance.

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Venture Capital Capital Funding Technical Review 233

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. Size of the investment was not disclosed. The technology is also being targeted at food and agricultural safety.

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Santa Barbara Invest Venture Capital Capital 140

socalTECH

NOVEMBER 24, 2014

Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics , on a new $4M funding round for the company. The company also counts Cue Ball and Daher Capital as investors. READ MORE>>.

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Rustic Canyon Santa Barbara Venture Capital Software Development 138

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

InfoChachkie

SEPTEMBER 16, 2010

Below is a talk on New Venture Investing from the University of California Santa Barbara’s Technology Management Program, by Jim Andelman. In this video Jim Andelman explores venture capital investing and the emergence of capital efficient businesses.

Invest 124

Invest Santa Barbara Venture Capital Capital 124

socalTECH

AUGUST 19, 2021

Santa Barbara-based Apeel Sciences, which has developed a plant-based coasting for fresh produce to extend its shelf life, has raised another big $250M funding round, a Series E for the company. The company--led by CEO James Rogers--has created a coaating it says helps reduce "shrinkage" in their produce inventory by 50%.

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Santa Barbara Equity Capital Funding 113

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). Bimodal returns are a fallacy, many great VC funds are built on the power law curve. They say the same about VC. So, too, does PR.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

Steve Reich

MARCH 23, 2012

Appropriately enough, ­­­we gathered in the about-to-open Synergy Business and Technology Center, Santa Barbara’s latest incubator. The panel had many kind words for the incubator concept, but generated some controversy around the investments made by some accelerators. Photo: www.noozhawk.com. The takeaway?

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Santa Barbara Incubator Technology Outsource 49

socalTECH

OCTOBER 29, 2012

Rincon Venture Partners , the Santa Barbara-based venture capital fund run by Jim Andelman , John Greathouse , and Brian Kelly , has led the investment in a developer of social recruiting software tools for companies, The Resumator. Rincon led a $700,000 Series A round in 2011 in The Resumator.

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Santa Barbara Southern California Social Media Venture Capital 157

socalTECH

SEPTEMBER 11, 2019

Santa Barbara-based Canndescent an "ultra-premium" cannabis brand, announced this week that it has raised $27.5M The funding was led by cannabis investment fund Green Acre Capital, and also included Carnegie Arch Capital, Senterra, LLC., in a Series C funding round. READ MORE>>.

Santa Barbara 100

Santa Barbara Invest Capital Funding 100

socalTECH

OCTOBER 30, 2018

Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Size and terms of the majority equity investment were not announced. IMT is currently led by CEO Craig Ensley. READ MORE>>.

Technology 133

Technology Santa Barbara Equity Invest 133

InfoChachkie

JANUARY 16, 2018

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community. Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS.

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Venture Capital Entrepreneur Santa Barbara SaaS 115

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.

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Santa Barbara SaaS Venture Capital Capital 124

InfoChachkie

NOVEMBER 23, 2015

VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. This latest round valued the company in excess of a billion dollars, entering them into the overly-hyped Unicorn Club. In retrospect, our decision was both perfectly rational and completely lame. What’s The Worst Mistake?

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Venture Capital Technical Review Software Review Southern California 100

socalTECH

DECEMBER 31, 2018

What was the biggest news for your company in 2018? In May, the Center co-hosted the first New Venture Ventura County, a celebration of student entrepreneurs from grade school to grad school. Thanks so much to our co-hosts Aspire3, VC Innovates and RC Makes, and to lead sponsor NewCo Foundation. READ MORE>>.

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Ventura Tech Coast Angels Santa Barbara Southern California 154

socalTECH

OCTOBER 17, 2019

Santa Barbara-based Invoca , the developer of call tracking and analytics tools, has raised another $56M in a new funding round, the company said on Wednesday. According to Invoca, the new round was led by Upfront Ventures, and also included H.I.G. The company has such customers as Dish Network, U.S.

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Artificial Inteligence Santa Barbara Funding Tool 100

InfoChachkie

JULY 28, 2015

However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale. VC Funding Alternative.

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Company Companies Santa Barbara Pricing 100

socalTECH

AUGUST 1, 2018

Goleta-based Apeel Sciences , a new startup which is developing technology to increase the shelf life of fresh produce--using substances derived from other plants--has raised a big, $70M funding round, the company announced late Wednesday. The company said the funding will go to meet demand from both U.S.

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Santa Barbara Demand Funding Product 113

Both Sides of the Table

JULY 24, 2012

Michael Pfau (Santa Barbara … Reicker Pfau). He knows every startup & VC in town.” I told him that our market was absolutely booming and was worthy of a commensurate investment. Invest they have. I told David, “Look at the changes we’ve seen in the VC / funding market.

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Venture Capital Startup Los Angeles GRP Partners 299

socalTECH

JUNE 29, 2016

Santa Barbara-based venture investor Rincon Ventures has backed portfolio company Keen IO , in a followup investment in that company's Series B. Rincon Ventures' Jim Andelman is on the board of Keen IO, and the company is one of the original investors in Keen IO, which has now raised $30M in total.

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Santa Barbara Software Capital Invest 113

socalTECH

JUNE 21, 2012

The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blottnitz, and undoubtedly co-founders John MacFarlane, Craig Shelburne, Tom Cullen. Elevation Partners, and Redpoint Ventures. When part of that funding is used to pay off early investors.

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Santa Barbara Funding Redpoint Equity 140

socalTECH

JANUARY 31, 2012

Santa Barbara-based InTouch Health , a developer of remote presence technology and robotics for the healthcare market, has scored a $6M investment from iRobot. iRobot said the investment gives it a minority position in InTouch, and is an expansion of a joint development and licensing agreement between the two companies.

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Santa Barbara Platform Invest Marketing 150

socalTECH

NOVEMBER 19, 2013

Daryl Bernstein , RightSignature (Santa Barbara, software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Holden Steinberg , Pagewoo (Santa Monica, advertising). Thorsten von Eicken , Rightscale (Santa Barbara, cloud computing).

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Southern California SoCalTech Dollar Shave Club Santa Monica 279

SoCal Tech Calendar

AUGUST 26, 2010

Ben has invested the past 10 years in tracking the Southern California Technology market, maintaining a deep database of technology firms and publishing realtime news about local high tech companies through his website, socalTECH.com. Wednesday, September 1, 2010 -- MOTM: Conversation with Ben Kuo of socalTECH.com. See [link] (more).

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Santa Barbara Southern California High Tech Hollywood 100

Both Sides of the Table

SEPTEMBER 27, 2012

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. Think USV is only invested around Union Square in NYC? The key it to have “realistic capital.”

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Startup Venture Capital Press San Diego 378

socalTECH

JUNE 23, 2011

Santa Barbara-based Transphorm , a developer of high efficiency, power conversion technology, confirmed today that it has raised $25M in a Series D funding round. a private investment fund managed by Soros Fund Management. The company said the new round brings its total raised to $63M. The firm is headed by Umesh Mishra.

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Santa Barbara Google Capital Funding 160

socalTECH

FEBRUARY 15, 2019

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. We were able to boot strap the company on only $800, and scaled it to millions in revenues without investment, because of the efficiency of our marketing. Here's the reason why. The second thing, is tools.

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Startup Venture Capital Beverly Hills Acquisition 113

socalTECH

JANUARY 27, 2010

The event this week launches some companies, and showcases the talent we have in the space. It's a place where companies can network with each other, collaborate the business, in a brainstorming atmosphere. In 2007, we started to put some policy attached to the money, and created a jobs investment fund.

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Ventura Incubator Technology Startup 200

Both Sides of the Table

SEPTEMBER 15, 2014

Venture Capital is a tricky industry. As is often said if you don’t get at least a few fellow VCs (and entrepreneurs) scratching their heads you may not be funding ideas with enough upside. Internally at Upfront Ventures we talk about “high consensus” vs. controversial deals with “high conviction.”

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Funding Technical Review Ideas Startup 362

Tech.Co

MAY 25, 2018

The barriers to entry when it comes to launching a company require less tension and a lot less capital. Still though, when founders are seeking funding, “ 75 percent of the venture capital goes to three states: Massachusetts, New York, and California,” said Steve Case in an interview with Recode.

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Startup Technical Review Competition Software Review 140