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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

Santa Monica-based MomentFeed , which develops software that helps national brands keep information on their stores up to date across mapping and mobile services, has named Nick Hedges as CEO of the company, MomentFeed said this morning. Hedges also previously has served at Bain & Company, Accenture.com, and Ogilvy & Mather.

Draper 124
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MomentFeed Adds $16.3M

socalTECH

Santa Monica-based MomentFeed , which develops software that helps multi-location, retailers and brands better understand and interact with customers, has raised $16.3M in new funding, the company said this morning. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus and DFJ Frontier.

Draper 113
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Crowdfunder Gets Broker-Dealer License

socalTECH

Crowdfunder said the move will help create a "more seamless solution" for its customers. The company says it had over 500 companies on its platform in 2016 receive approximately $173M in total reservations for funding.

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Fonality Hits One Billion Cloud Calls

socalTECH

Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4. The company offers both an on-premise version of its software, PBXtra, as well as a newer, cloud-based, hosted offering called UNBOUND.

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CapLinked Announces New Investors, Signs Up New Clients & Builds New Features

Tech Zulu Event

Jackson said, “We’re using the proceeds from our financing round to invest in our technology, build new features, and increase sales and support.”. The new funding brings the company’s aggregate amount of capital raised to over $3 million. Speaking of the new investment, CapLinked CEO Eric M. Over $3M Raised.

Draper 68
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Interview with Jeb Spencer, TVC Capital

socalTECH

It was interesting to see the acquisition of Accordent - it seems unusual to have only put in $4M in to a company in so many years, and yet you had a good exit? We're also looking for more of the bootstrapped approach from our companies. They were big names--Fortune 500 customers. When did you invest in the firm?

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Off To SXSW, Our Schedule, And A Special Thanks

Tech Zulu Event

Put your digital audio content up for sale with AudioMicro, simply and securely. VentureDea l - VentureDeal is a venture capital database that provides the latest information about venture-backed technology companies, venture capital firms and transactions in the United States. Custom ad deals and partnerships.

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