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Active Network Plans Offering For Investors

socalTECH

Those investors include ICG Holdings, TPG Ventures, Norwest Venture Partners, Draper Fisher Jurvetson, TL Ventures, as well as others. The sales come around 9 months after Active Networks May 2011 IPO. Active operates a network of sites focused on sports registration, team management, and more.

Activity 140
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Eventful Raises $10M

socalTECH

According to Eventful, the investment round also included existing investors Draper Fisher Jurvetson and Bay Partners. Eventful, which operate an online web site for promoting and sharing information about events, said it will use the new funding to expand sales and marketing, its mobile channel, and international expansion.

Draper 100
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Fonality Claims Growth, Cash Flow

socalTECH

Fonality claimed that it has seen an increase in sales of applications, call center software, and larger customers purchasing multi-site systems. Fonality is venture backed by Draper Fisher Jurvetson, Intel Capital, and Azure Capital Partners.

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Crowdfunder Gets Broker-Dealer License

socalTECH

Santa Monica-based equity crowdfunding site Crowdfunder is making it easier for it to work with investors, saying on Monday that it has just received its broker-dealer license to sell securities directly to accredited investors. Crowdfunder said the move will help create a "more seamless solution" for its customers.

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2011 May be the Year of the IPO for Social Media

Startup Professionals Musings

Draper III, in his new book titled “ The Startup Game.” According to Draper, in addition to the above Rule Number One, there are many other questions that need to be answered before a CEO should recommend to the board that it is time for an IPO: Do you really need the money? Do you need this for your image? Do you have the horses?

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Interview With Brian McCarthy, Dentistry.com

socalTECH

At the end of the 90's, I had the opportunity to launch Bugleboy.com, an e-commerce enabled site, which we launched a week fore Gap.com. We sold that to ValueClick in2 003, and I stayed on at ValueClick for three years before going to Revver.com, a video sharing site. It's been through years and years of building relationships.

Startup 113
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Chippmunk Raises $750,000 in Seed Funding for Scaling & Product Development

Tech Zulu Event

The seed round was led by investments from Richard Chino, a key early member of GoTo.com and Smarter.com; Dan Murray, CFO of Machinima ; Derek Draper of Wildfire by Google; Nikhil Srivastava of KKR ; Angel Investor Andrew Schwartz and other angles from LA and Silicon Valley. 750,000 for Scaling & Product development.