socalTECH

NOVEMBER 6, 2013

A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. READ MORE>>.

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Snapchat Social Network High Tech Venice 170

socalTECH

DECEMBER 28, 2016

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012.

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Snapchat Media Report Venice 113

socalTECH

FEBRUARY 26, 2016

Venice-based Snapchat might be the darling of the technology startup scene, but there are at least three, privately held startups--and maybe, more--in Southern California who recently passed $100M in revenues, according to a look through recent announcements. READ MORE>>.

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Snapchat Southern California OpenX SoCal 100

socalTECH

AUGUST 27, 2014

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

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Snapchat Report Social Network Funding 168

socalTECH

MAY 27, 2015

Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. Spiegel said that an "IPO is really important" to the company. Spiegel did not give a timeframe for any IPO effort.

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Snapchat Venice Conference Funding 100

socalTECH

OCTOBER 28, 2013

How much is Los Angeles-based Snapchat really worth? The report last week that Snapchat is raising a new funding round at $3.5 billion--and turned down a $1 billion acquisition offer from Facebook --has some wondering if we''ve returned to 1999-era, dot-com valuations for companies. READ MORE>>.

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Snapchat Venture Capital Los Angeles Mobile 147

TechCrunch LA

AUGUST 30, 2022

Digital avatar startup Genies , known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” Eventually, Nigam sees the company expanding into a full-fledged social network, which he said Gen Z is “starving for.”

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Geni Silver Lake Startup Platform 219

TechCrunch LA

FEBRUARY 20, 2020

During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Instead, several former SpaceX employees have launched a raft of new companies, capturing the imagination and dollars of some of the biggest names in venture capital.

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SpaceX Venture Capital Help Snapchat 173

socalTECH

JANUARY 29, 2016

Los Angeles-based Naritiv , a new startup developing a network of content creators for Snapchat, has raised $3M in a funding round, the company said Thursday. The startup--founded by Dan Altmann and Eric Posen--says it is enabling the creation of mobile-first content for Snapchat and other social network platforms.

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Snapchat Content Social Network Class 100

socalTECH

OCTOBER 25, 2013

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 billion, according to a report Friday. READ MORE>>.

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Snapchat Southern California Funding Venture Capital 171

TechCrunch LA

MAY 12, 2020

This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation.

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Invest Startup Artificial Inteligence Class 237

socalTECH

MARCH 21, 2017

The Snapchat analytics software developed by Los Angeles-based Naritiv , a startup producing online content for brands, has been acquired by social media management firm Hootsuite. Hootsuite said the acquisition specifically was geared towards the Snapchat analytics solutions created by Naritiv. and Allen DeBevoise.

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Snapchat Software Social Media Los Angeles 100

socalTECH

NOVEMBER 10, 2015

A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.

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Snapchat Writing Invest Report 100

Both Sides of the Table

FEBRUARY 20, 2019

Do you need a board when you first start you company? If you haven’t raised any money or if you raised a small round from angels or friends & family I would suggest you avoid setting up a formal board unless the people who would join your board are deeply experienced at sitting on startup boards.

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Startup Venture Capital Tips Capital 236

socalTECH

FEBRUARY 29, 2016

Venice, California-based Snapchat said over the weekend that a number of its employees have had their identities compromised, after one of its employees feel for a phishing scam, and revealed payroll information about a number of its employees. READ MORE>>.

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Snapchat Venice Email Report 100

Both Sides of the Table

JANUARY 2, 2014

Many startups these days are started by young, technical or product founders who are in the idealistic phase of their lives and careers. One of the most common refrains I hear is, “I want to have a company with no politics. And it’s why many early-stage companies blow up. You know, no b t.”

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Startup Coach Course Snapchat 385

Both Sides of the Table

AUGUST 11, 2021

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no

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Product Platform Advertising Acquisition 424

socalTECH

MAY 25, 2016

A report published this week--which heavily relies on third party assumptions, back calculations, and analysis of regulatory filings--says that Venice, California-based Snapchat is out looking for $200M in funding again, this time valuing the company around $20 billion. READ MORE>>.

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Snapchat Report Venice Funding 133

Both Sides of the Table

JULY 26, 2016

Many first-time founders seek advice when thinking about what ideas would be great for a startup company and receive the wrong advice that you need to focus on a billion-dollar idea. There are very few ideas that are obviously a billion-dollar idea from the start. Twitter was a podcasting company. So what should you do?

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Venture Capital Startup Capital Ideas 150

socalTECH

MAY 23, 2018

Venice, California-based Snap , the parent company of Snapchat, is launching a new startup accelerator, named "Yellow", the company disclosed on Wednesday afternoon. The accelerator said it will invest $150,000 into ten different "creators" and startups focused in the media area. READ MORE>>.

Media 100

Media Startup Venice Snapchat 100

socalTECH

MARCH 5, 2014

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. billion startup--which puts it in the ranks of only three other startups here known publicly to have passed the $1 billion mark in terms of valuation. READ MORE>>.

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Southern California SoCal Snapchat Startup 154

Both Sides of the Table

JUNE 17, 2017

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

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Startup Venture Capital Sales Course 227

socalTECH

MARCH 3, 2016

Santa Monica-based Mave has raised seed funding, for a yet-to-be-launched personal concierge startup, according to Fortune this morning. The new startup was founded by Emily White, a former executive of Snapchat and Instagram. White was previously COO of Snapchat. READ MORE>>.

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Seed Funding Snapchat Funding Santa Monica 100

socalTECH

MARCH 26, 2018

Venice, California-based Snap , the parent firm of Snapchat , has quietly acquired a 3D gaming engine developer based in the UK, according to a report. No details on the acquisition have been announced by either of the companies. According to the report, Snap acquired PlayCanvas, a developer of 3D game design software, last May.

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Snapchat Venice Startup Report 138

TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The new batch of startups coming from across the U.S. The new batch of startups coming from across the U.S. The list of new companies include: Brightly — an Oakland, Calif.-based Wabisabi Design, Inc.

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Artificial Inteligence Social Network Los Angeles Snapchat 331

socalTECH

APRIL 26, 2021

Venice, California-based Snap, the parent company of Snapchat, has acquired 3D image acquisition company Pixel8earth. Snap is reportedly incorporating the startup into its augmented reality efforts. The deal was reportedly worth $7.6M.

Snapchat 113

Snapchat Venice Acquisition Report 113

socalTECH

JULY 21, 2017

Who are the companies in Southern California that are part of this growing industry? We've combed through our database of companies to figure out which companies are involved in this industry here, ranging from key developers of military UAS/UAV platforms, to startups developing the software behind the growing consumer drone market.

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Southern California Company Companies Palmdale 113

socalTECH

MARCH 20, 2019

Loop Now Technologies , a startup founded by former LinkedIn and Snapchat employees--which has offices in Los Angeles--says it has launched a brand new, short-form video and social media app called Firework. The company's Chief Revenue Officer is Cory Grenier, who previously was Director of Sales & Marketing at Snapchat.

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Social Media Snapchat Media Content 113

socalTECH

OCTOBER 15, 2014

The Disney Accelerator , the startup accelerator sponsored by Walt Disney and being run by TechStars, had its demo day Tuesday, showing off the nine companies to emerge out of the accelerator. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups.

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Class Startup Seed Funding Entertainment 185

Both Sides of the Table

JUNE 30, 2016

I understand this instinct for more capital and I have two very different personal experiences: In my first company we raised an A-round of $16.5 million and in my second company we raised only $500,000 by choice. conversation literally every week with startups. I have this “How much should I raise?”

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Startup Software Review Pricing Entrepreneur 292

Tech.Co

NOVEMBER 12, 2015

When Los Angeles, CA was listed as the fastest-growing tech startup region in 2014, many guesses were raised about the root cause of its success. Could it be the large number of new companies? No, to see the strength of Los Angeles’ startup scene, you must look at the whole story. s Startup Future.

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Cornerstone OnDemand Startup Buzzfeed Los Angeles 115

Tech.Co

JULY 31, 2017

Shift to Snapchat-Styled Videos. Michael Litt recently shared how her B2B company decided to use Snapchat-style videos to engage with both her team and their customers. Considering that they are distributed through email, customers do not have to adopt a new tech channel to communicate with their company.

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Snapchat Product Email Social Media 66

Startup Professionals Musings

OCTOBER 14, 2016

I’m sure all of you know one or more of the 200 or more young companies that are currently valued at one billion or more by investors and stockholders. Some of the most well-known include Uber, Airbnb, Snapchat, Xiaomi, and Pinterest. When top tier investors compete for a piece of the action, the price can go up exponentially.

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Company Companies Startup Statistics 100

Both Sides of the Table

FEBRUARY 16, 2017

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” We did know about Snapchat as early as anybody. Of course that was a wrong narrative for both companies.

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Snapchat Invest Technical Review Dollar Shave Club 214

socalTECH

SEPTEMBER 14, 2016

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. Most recent investments: Ring, Flipagram, Snapchat. Most recent investments: EventBoard, Sensay, Shipt, Scopely, ALL DEF DIGITAL. Crosscut Ventures 6 deals.

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Southern California Dollar Shave Club Lootcrate Orange County 100

socalTECH

FEBRUARY 14, 2020

Our interview this morning is with James Borow , the co-founder of Pepper Financial (www.trypepper.com), a startup which is creating a new set of tools to help businesses grow smarter. Tell us a little bit about what you're up to now? We all left together fairly recently to start this business, and have raised $5.6M.

Snapchat 113

Snapchat Startup SpaceX Los Angeles 113

socalTECH

FEBRUARY 21, 2017

Tired of chasing after the latest sighting of a Snap v129ending machine for your own pair of Spectacles, the company's sunglasses, which can be used to automatically post to Snapchat? Snap started selling its signature sunglasses online over the weekend, offering up the popular glasses for $129.99, for delivery in 2-4 weeks.

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Southern California Snapchat Startup Pricing 124