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Little Black Bag Unwraps $8M More

socalTECH

Little Black Bag , the women's merchandise and online commerce site that is a take on the Japanese concept of a "lucky bag sale", has raised $8M in a Series B round, just six months after its Series A funding. The new funding round was led by GRP Partners, and also included DCM. Both are existing investors in the company.

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Health Data Vision Lands $2.8M For Medical Records Software

socalTECH

The round was led by GRP Partners and Redhills Ventures. According to Health Data Vision, the new funds will go toward scaling its operations, developing new software and services, and expanding its sales and partner channels. The firm says its customers are health plans and providers all across the United States.

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RingRevenue Calls Up $4M More

socalTECH

The round was led by GRP Partners and Rincon Venture Partners, and brings the total raised by the company to $7.5M. RingRvenue develops technology which tracks responses to phone calls, allowing calls to be used for affiliate sales and tracking.

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRP Partners. He shared tons of information about how how they were using marketing to quantitatively make marketing decisions at HauteLook and acquire customers for prices that were far cheaper than similar companies.

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Zag: 50,000 Cars Sold

socalTECH

Zag's technology provides a level of customization and detail on "fleet" style, pre-negotiated sales of autos, down to the accessory level; the firm has deals with USAA, Capital One, Overstock.com, AAA groups, and others to provide its service. Painter is the former CEO of CarsDirect.com.

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The Entrepreneur Thesis

Both Sides of the Table

In 2006, Steven Dietz, a partner at my firm, GRP Partners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. GRP Partners had also funded my first company. GRP Partners has created more than a dozen of these so as a firm we know something about creating big companies.

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Mark Suster’s Advice To Emerging Entrepreneurs – “Do Not Do, As I Have Done”

InfoChachkie

Mark is a Partner at GRP Partners and authors one of the most widely read startup blogs, BothSidesOfTheTable. Number one is sales. Life is sales. Business development is sales. Winning customers is sales. Getting press is sales. Go see customers yourself. Raising money.