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The Trade Desk Launches Venture Capital Arm, Makes First Investment

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Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The first investment made by the fund is Chalice, a developer of algorithmic ad optimization software.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. What is the Ventura incubator?

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Southern California VC Totals Drop To $810.5M In Q1

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in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Southern California venture totals were down significantly from the $1.38 Southern California startups raised $810.5M was invested.

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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

socalTECH

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M Another $28.68M was invested in Santa Barbara-Santa Maria-Lompoc, plus Ventura. Carlsbad-based Ostendo Technologies , a developer of solid state lighting raised $41.8M in funding in Q3, down from the much larger, $2.5

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The Trade Desk Raises $125M In Credit Facility

socalTECH

Ventura, California-based The Trade Desk , the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The companysaid that it will use the new funding for global expansion initiatives and for working capital.

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Patagonia Invests In AeonClad Coatings

socalTECH

Ventura, California-based outdoor clothing manufacturer Patagonia said Monday that it has made an investment in Teas-based AeonClad Coatings , a developer of water-repellent coatings and other specialty coatings technology. AeonClad's technology provides nano-coatings technology. READ MORE>>.

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NetPlenish Gets Funding From 500Startups

socalTECH

Ventura-based NetPlenish , a startup which is developing a service which will provide automated replenishment of items, combined with an automatic price comparison engine, has quietly raised funding from 500 Startups. NetPlenish is part of the Ventura Ventures Technology Center. READ MORE>>.

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