The Honest Company Raises Series E Funding

socalTECH

Los Angeles-based The Honest Company , the natural home products brand, said late Thursday that it has closed on a Series E financing round. The round was led by Fidelity Management & Research Company, along with others. Unconfirmed reports place the funding at $75M, at $19.60 per share, a significant decrease from the company's prior valuation of $45.75. fidelity capital venture ecommerce retail baby products home natural thehonestcompany company honest

Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The massage-on-demand service Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding. The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service.

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Udacity Achieves 50,000 Nanodegree Grads Amid Company Reorganization

Xconomy

Udacity , a pioneer in the online teaching of IT skills, is celebrating a milestone today—50,000 students have now graduated from one of its revenue-generating “Nanodegree” programs.

SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels. The company said it offers up loans from between $250,000 to $3 million and terms ranging from 12 months to 36 months.

The Honest Company Gets $70M

socalTECH

Los Angeles-based The Honest Company , the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday.

HeyTutor Raises $1.0M In Funding

socalTECH

in what looks like a convertible note funding, based on a regulatory filing by the company. Details on the funding round, which is likely a bridge into a full equity funding, have not been announced. The funding was disclosed on Friday in a publicly available filing. According to the filing, the funding came from a single investor. Kevin O'Connor of ScOp Venture Capital , is listed on the company's board of directors.

Walker & Company Brands Finds Funding From Upfront Ventures, Magic Johnson

socalTECH

Walker & Company says its Bevel brand of razors reduces and prevent razor bumps and irritation in men with coarse and curly hair. razer products upfront retail color johnson magic capital venture ventures brands company walker

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016.

The Honest Company Raises $100M In Series D

socalTECH

Santa Monica-based The Honest Company , which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. The company has now raised around $228M in funding.

Here's Who Is Funding Companies In Southern California Today

socalTECH

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Here are the venture firms who have been most active in SoCal (Santa Babrara - Los Angeles - Orange County - San Diego) in the last twelve months, based on the number of deals: 1.

Cohu Buys Spring Probe Company

socalTECH

Poway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. Cohua said it would pay $15M in cash for Kita, funded out of its cash reserves and through assumption of operating debt of $2.6M The company said Kita had current year sales of estimated $17M. cohu spring probe company kita manufacturing japan electronics merger acquisition

SaaS Funding Targets Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels. The company said it offers up loans from between $250,000 to $3 million and terms ranging from 12 months to 36 months.

Elon Musk's Newest Company Gets Funding To Connect Humans, Computers

socalTECH

Elon Musk , the CEO and founder of Los Angeles-based SpaceX , has a new company, Neuralink , which is looking to create a brain-computer interface--and now has $26.96M in the bank. According to a regulatory filing, Neuralink has raised $26.96 million from 12 investors. Elon Musk, in a Tweet, said that the startup is not raising additional money, despite indications otherwise in the firm's regulatory filings. Neuralink is based in San Francisco. READ MORE>>.

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Why Most Online Video Companies Will Fail

Both Sides of the Table

I live in LA and fund startups. “You can’t build a large online video company. You have to build a large online tech company that distributes video.” There’s a reason that Maker pulled away while most online video companies did not.

Invested.in Turns Attention Towards Funding Companies

socalTECH

Los Angeles-based Invested.in , the online crowdfunding service headed by Alon Goren, is shifting its focus towards helping companies raise money from accredited investors. The move to launch BoostFunder looks to be the company's first tiptoe into crowdfunding of businesses; its prior efforts had been more focused toward traditional, crowdfunded small projects. boostfunder investedin crowdfunding crowd funding financial angel

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Calibrate Ventures Raises $80M Investment Fund

socalTECH

Pasadena-based Calibrate Ventures , a brand new venture capital firm founded by Kevin Dunlap and Jason Schoettler, announced on Tuesday morning that it has raised $80M in its very first venture capital fund, Calibrate Ventures, L.P. According to the newly created venture capital firm, it will focus on early revenue startups, focused on companies across both the consumer and enterprise sectors.

Calacanis Debuts LAUNCH Fund I To Back 100 Companies

socalTECH

Jason Calacanis , the serial entrepreneur, angel investor, and conference organizer, announced Tuesday morning that it has closed his first, formal angel investing fund, The LAUNCH Fund I. Calacanis said the fund will invest $100-$250K in 50-100 startups. LPs in the fund include Calacanis, David Sacks, and others. Calacanis also said he''ll be syndicating deals on AngelLIst, letting investors put their own money into deals he is making with the fund.

Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Fundings & Exits Logistics TC business economy Enjoius entrepreneurship Los Angeles Nancy Tellem Private Equity Startup company

Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Fundings & Exits Logistics TC economy entrepreneurship business Private Equity Startup company Los Angeles Nancy Tellem Enjoius

Funding Tech Companies

SoCal Tech Calendar

Thursday, March 24, 2011 -- Funding Tech Companies: State of the Credit Market-Senior Financial Executive Roundtable-TechAmerica. How has the banking shakeout affected banks that focus in the tech sector? What is the new landscape for the business of banking now and in the future? Join TechAmerica to hear from several prominent lending institutions in the Los Angeles area whose clientele include the technology industry.

Casa Verde Capital Raises $45M Investment Fund

socalTECH

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. broadus calvin rapper snoop fund agtech cannabis investment venture capital verde casa

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Boring Company Wins $1 Billion Chicago Transport System Deal

socalTECH

Chicago has selected Los Angeles-based Boring Company , the tunnel-transportation-hat-and-flamethrower company run by tech mogul Elon Musk, for a $1 billion transportation system. According to Emanuel will be fully funded by Boring Company, with "no taxpayer subsidies". boring company chicago transportation system

The Honest Company Raises $25M More

socalTECH

The Honest Company , the Los Angeles-based e-commerce company founded by Brian Lee and celebrity Jessica Alba, has raised $25M more in a funding round, the firm said this morning. The Honest Company offers up a variety of eco-friendly baby- and kids- products via subscription.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

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.

ENTITY Finds Seed Funding

socalTECH

Los Angeles-based ENTITY , a new media company focused on women, has raised a seed funding round, the company said this week. The funding was led by Susan Rockefeller. According to ENTITY, it is creating a new "experiential media" company focused on "empowering and educating NextGen women". entity seed funding venture capital media content women genz millennial nextgen female mentorship

The Virtual Reality Company Finds $23M

SoCal Tech Calendar

Los Angeles-based The Virtual Reality Company , the startup which is developing a virtual reality version of The Martian , has raised $23M in a funding round, according to the company. The funding came from Hengxin Mobile Business Co, Ltd, and also included Metallica lead singer James Hetfield, Rothenberg Ventures, and Elementum Ventures. According to The Virtual Reality Company, the new funding will go towards developing more, original virtual reality content.

SpaceX Seeks $750M In Debt Funding

socalTECH

The debt funding effort is apparently the company's first time it has attempted to tap into the institutional debt market. spacex commercial space exploration elon musk loan debt funding aerospaceHawthorne, California-based SpaceX , the commercial space exploration firm run by Elon Musk, is looking to raised $750M in a leveraged loan offering, according to a report on Tuesday. The loan effort is being led by BofA Merrill Lynch.

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The Honest Company Partners With Zulily

socalTECH

The Honest Company , the online brand offering up natural products for babies and families founded by Jessica Alba, has teamed up with daily deals site Zulily , the two said Wednesday afternoon. Financia link between the companies were not disclosed.

Cirrus Insight Finds Growth Funding

socalTECH

The funding came from private equity investor Clovis Point Capital. Size of the funding was not announced. Cirrus Insight's CEO and co-founder is Ryan Huff; the company's COO and co-founder is Brandon Bruce. cirrus insight growth funding sales email inbox venture capital private equity salesforce

Can you finance your company with grants?

Berkonomics

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.

SoCalGas Creates $1M Fund For Clean Technology Startups

socalTECH

In a move which adds some additional capital to the Los Angeles clean technology market, utility company Southern California Gas Company said Thursday that it has created a new, $1M innovation fund to help companies develop clean technology.

Autonomous Truck Company TuSimple Adds $95M to Rev Up Commercial Fleet

Xconomy

TuSimple has pulled in $95 million more in venture funding to advance its development of a commercial autonomous fleet of trucks. Composite Capital , a Hong Kong-based investment fund started in 2016, led that round. That was the year TuSimple became the first company in San.

The Walt Disney Company Contributes $1M To Hurricane Michael Relief Efforts

socalTECH

The Walt Disney Company , which is based in Burbank, said late Thursday evening that it has donated $1M in aid to relief efforts in Florida and nearby areas, after a devastating hit by Hurricane Michael this week. According to Disney, the donation will go to support disaster response and recovery efforts through the Florida Disaster Fund managed by the Volunteer Florida Foundation. walt disney company hurricane michael florida disaster charity relief

Netwatch Creates New Company, Rolls Up Security Monitoring Companies

socalTECH

Lake Forest-based Netwatch said today that it has launched a new company, comprised of four visual monitoring companies in the video security area. The new company is backed by private equity funding from The Riverside Company. According to Netwatch, the new company is made up of Netwatch (Ireland), NMC (United States), CalAtlantic (United States) and Onwatch Multifire (United Kingdom).

What I’ve Learned About Venture Funding

Both Sides of the Table

VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser.