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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? Today I’m excited to announce we’ve recently raised $30 million in growth finance led by 8VC , with Kimmy Scotti joining our board.

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Feather Launches Furniture Subscriptions In LA, OC

socalTECH

The New York-based startup offers up furniture from retailer West Elm, which lets them rent tables, lamps, sofas, love seats, and more--and lets them also return and swap those products anytime they like. Feather said it will begin delivering its furniture products in LA and OC on May 20th. READ MORE>>.

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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. Between 2006–2008 I sold both companies that I had started and became a VC. And it changed the culture. We all began to pray to the altar of the almighty valuation.

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Topanga Technologies Raises $15M

socalTECH

Canoga Park-based Topanga Technologies , a developer of high efficiency, plasma lighting, has scored $15M in new funding, according to regulatory filings from the firm. Details on the funding have not been announced by the company. The firm has previously scored funding from Khosla Ventures.

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SPONSOR POST: Southern California Technology Firms Are Hiring

socalTECH

Southern California technology companies are hiring aggressively, and the high tech job outlook is better than it has ever been, with hundreds of open positions and many companies eagerly seeking high tech talent. socalTECH's Job Board helps companies, and potential empoyees, connect.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

The trend of funding anything from the first $25k to funding $50 million at a billion+ valuation is unlikely to last as the skills and style to be effective at all stages are diverse enough to warrant focus. I will argue that LPs who invest in VC funds will also need to adjust a bit as well. That little online book company.

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Attention Startup Accelerators: Your Job Is Not Over After Demo Day

InfoChachkie

With top-ranked accelerators Lauchpad LA closing its doors and Y Combinator rebranding itself as a seed fund, it seems fair to ask the question, “Are Accelerators Dead?”. A version of this article previously appeared in Forbes. Good news: a quick review of TechCrunch’s March 2015 List of Top 20 U.S.

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