socalTECH

AUGUST 18, 2021

Los Angeles-based PayEngine, a startup developing a white label, payment platform for software-as-a-service companies, has raised $1.6M in a seed funding, the company said this morning. The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company.

SaaS 113

SaaS Seed Funding Los Angeles Platform 113

Both Sides of the Table

SEPTEMBER 28, 2014

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. But what IS the right amount of burn for a company?

Startup 383

Startup Company Companies .Net 383

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.

Class 113

Class Culver City Company Companies 113

InfoChachkie

FEBRUARY 19, 2014

Software as a service (SaaS) is a popular business model because it facilitates the delivery of incremental value to customers, while allowing the vendor to adjust their prices over time. A hybrid of the SaaS model is emerging. It combines transaction pricing with a standard SaaS subscription price. Focus on Existing Customers.

SaaS 215

SaaS Pricing Sales Customer 215

InfoChachkie

SEPTEMBER 21, 2015

Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. Overall, according to Gartner, the SaaS market will top $22 billion by 2015.

SaaS 100

SaaS Entrepreneur Startup Satisfaction 100

Both Sides of the Table

AUGUST 28, 2009

This is part of my ongoing series Startup Lessons. Building companies is hard work. I started my first company in 1999 in London at the height of the dot com craze. We also had facilities in Dublin, Ireland where our company was initially founded. Our company was completely euphoric. We were hot.

Startup 331

Startup Press Customer Custom 331

Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

socalTECH

FEBRUARY 25, 2020

A new, Los Angeles-based fintech startup, Pipe , said this morning that it has raised $6M in its seed funding round, to launch a new platform which offers up financing to subscription-based, software-as-a-service companies. Pipe is led by Harry Hurst, Josh Mangel, and Zain Allarakhia.

SaaS 124

SaaS Seed Funding Los Angeles Platform 124

TechCrunch LA

MARCH 27, 2021

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

SaaS 292

SaaS Glendale Statistics Los Angeles 292

InfoChachkie

JANUARY 4, 2016

During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. In November of 2015, Citrix announced that it will spin out the “GoTo” Division, of which GoToMeeting remains the flagship product, as a standalone public company. Share and Enjoy.

SaaS 100

SaaS Yahoo Advertising Customer 100

Both Sides of the Table

FEBRUARY 14, 2016

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization.

Startup 150

Startup Company Companies Venture Capital 150

Berkonomics

JANUARY 12, 2023

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. There is a phenomenon I have observed time after time with mature companies receiving over 75% of their revenues from recurring sources.

Sales 296

Sales Customer Custom SaaS 296

TechCrunch LA

MAY 31, 2022

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15

Software 163

Software Startup Venture Capital Funding 163

Both Sides of the Table

SEPTEMBER 16, 2009

This post is part of my series “ Startup Lessons &#. Elephants, Deer and Rabbits – Some thoughts on start-up segmentation. Nearly all of the mistakes I made at my first company I fixed by the time of my second company. It’s landing AT&T or Microsoft as a customer when you’re a start-up.

Startup 389

Startup Customer Custom Resource 389

socalTECH

JANUARY 22, 2019

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. I ended up doing that for eight years, when it was bought by Amazon for use in Alexa, which is really cool. What types of companies are you making investments in?

Venture Capital 145

Venture Capital Startup Invest Capital 145

Tech Zulu Event

FEBRUARY 19, 2015

We’ve even created an acronym for these kinds of services: software as a service (SAAS). Usually, a company provides subscription based access to subscribers allowing these subscribers to use software in the cloud. Collaboration among these parties often exposes SAAS networks to greater risks. Client Segregation.

SaaS 40

SaaS Networking Company Companies 40

TechEmpower

JULY 24, 2023

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. Background Questions Let’s start with some background questions about the business and product. What are your key Startup Metrics ? What are some sites or companies in the same space?

Develop 520

Develop Development Technical Review SEO 520

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

TechEmpower

AUGUST 21, 2023

At TechEmpower, we’ve conducted more than 50 technical reviews for companies of all sizes, industries, and technical stacks. Other common scenarios that we’ve seen: Scaling and new markets: Your company and product are established, and now you’re scaling or going after new markets. But what does the right team look like?

Technical Review 260

Technical Review Development Team Review Software Review TechEmpower 260

Both Sides of the Table

OCTOBER 22, 2009

This is part of my ongoing posts on Startup Advice. There are people who tell startups that they should hire the most senior people that they can find. Bringing in a senior person who’s “done it all before&# is often a mistake in a startup. So what if you’re already a mid-stage startup.

Startup 327

Startup Sales Class CIO 327

socalTECH

SEPTEMBER 24, 2013

Frank Slootman , the CEO of San Diego-based ServiceNow , has invested in a big data startup, as he continues to expand out his angel funding activity. According to Mountain View-based BlueData , Slootman was one of the angels in a new, $15M Series B funding round raised by the company. READ MORE>>.

SaaS 202

SaaS Startup San Diego Venture Capital 202

socalTECH

DECEMBER 15, 2021

Los Angeles-based LogicBoost Labs, a startup accelerator which focuses on pre-revenue and early-stage B2B SaaS startups, says it has made a $300K investment in Clarevent, which supplies video infrastructure for virtual events. The company said the investment was $200K in cash, plus another $100K in advisory services.

Services 113

Services SaaS Los Angeles Platform 113

socalTECH

SEPTEMBER 16, 2021

Irvine-based billing and payments software startup Chargezoom has raised $2M in a seed funding round, the company said on Wednesday. The funding was led by Okapi Venture Capital and also included Saas Ventures. The startup is led by CEO Matt Dubois.

Seed Funding 113

Seed Funding SaaS Venture Capital Platform 113

Both Sides of the Table

FEBRUARY 8, 2016

Much has changed in the past four months of the technology startup world and how outsiders value the business. And when prices are dropping on a VCs existing companies in market, there is a substantial reduction in FOMO (fear of missing out) for new deals, which means that investors take their time in making investment decisions.

Startup 150

Startup Pricing Venture Capital Statistics 150

TechCrunch LA

OCTOBER 27, 2020

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. The funding, which was led by Two Sigma Ventures and included existing investors like Plexo Capital, Amplify, and BoldStart values the company at over $100 million.

Software 224

Software Tool SaaS Los Angeles 224

Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. Gross margin positive != The first input is CAC.

Metrics 150

Metrics Startup SaaS Course 150

Tech Zulu Event

JUNE 23, 2016

SaaS – or Software as a Service – platforms are all the rage. Essentially a business model where software is licensed and distributed from a central location, SaaS companies can now be found in telecoms, human resources, and more. RelinkLabs is a pioneering HR SaaS tool based in Scandinavia. RelinkLabs.

SaaS 49

SaaS Artificial Inteligence Netflix Platform 49

Both Sides of the Table

SEPTEMBER 22, 2012

I think I’ve read Paul Graham’s post on “ Startup = Growth ” three or four times now. “The growth of a successful startup usually has three phases: There’s an initial period of slow or no growth while the startup tries to figure out what it’s doing. I talked about some of that here.

Startup 390

Startup Venture Capital Entrepreneur Technical Review 390

socalTECH

JULY 9, 2015

The Walt Disney Company announced the names of the companies in its second, startup accelerator program it runs out of Burbank, with the help of Techstars. According to Disney, the second class of the Disney Accelerator includes ten startups, who will participate in a three month mentorship and investment program.

Class 100

Class Startup Burbank SaaS 100

SoCal Tech Calendar

JANUARY 18, 2013

Thursday, January 24, 2013 -- 2013 Startup Forecast. TechZulu is excited to invite you to the 2013 Startup and Entrepreneurial Forecast taking place on Thursday Jan. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2013. 24 7pm at The ROC in Santa Monica.

Startup 113

Startup Santa Monica SaaS Mobile 113

TechCrunch LA

SEPTEMBER 13, 2021

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

Berkonomics

JANUARY 27, 2022

Or when something happens that makes an investor think this company is about to break out. Tech businesses today can do this much more easily than a decade ago, with cheaper development costs, SaaS hosting environments avoiding heavy equipment costs, and development platforms with pre-formed routines available. Do it on good news!

News 156

News SaaS Platform Sales 156

socalTECH

DECEMBER 30, 2019

Today, we share the thoughts of Michele Ruiz , the Co-Founder and CEO of BiasSync (www.biassync.com), a startup which develops products that helps help organizations more effectively assess and manage unconscious bias in the work environment. What was the biggest news for you/your company this year?

Startup 100

Startup News SaaS Entrepreneur 100

TechCrunch LA

OCTOBER 5, 2020

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

DECEMBER 3, 2012

It's surprising how often we run into rapidly growing companies that not many people have heard of, here in Southern California, but that's the case with El Segundo-based. NEOGOV , which has quietly built an enterprise software company supplying human resources software to the government and public sector. What is Neogov?

Software Review 243

Software Review SaaS Startup Technical Review 243

socalTECH

MARCH 25, 2021

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

Venture Capital 124

Venture Capital Seed Funding Capital Funding 124

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. Today you have funders focused exclusively on “Day 0” startups or ones that aren’t even created yet. By definition?—?I’m dot-com bonanza.

Venture Capital 471

Venture Capital Writing Invest Pricing 471