socalTECH

MARCH 23, 2016

A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic about the future of technology in the region. The Startup Outlook 2016 report--SVB's annual analysis of the startup environment--broke out regional findings for Southern California for the first time, pulling responses from the local market about what technology

Southern California 130

Southern California Venture Capital Capital SoCal 130

Startup Professionals Musings

MARCH 23, 2016

Innovation is the key to long-term business success, both in startups as well as established organizations. Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. Yet, in my experience the key seems to be more a discipline of innovative thinking from everyone, driven from the top.

Startup 57

Startup Outsource Development Entrepreneur Ideas 57

socalTECH

MARCH 23, 2016

ImpediMed , a developer of medical devices used to measure, monitor, and manage fluid status in patients, said Tuesday that it has raised $56.8M in a private placement. The company--which is based in Australia, but has its U.S. headquarters in Carlsbad--said it raised A$75.1M in its private placement with institutional investors. The funding was managed by Canaccord Genuity (Australia) Limited.

Funding 109

Funding Technology Develop Development 109

socalTECH

MARCH 23, 2016

Los Angeles-based RealD has been acquired by private equity investor Rivzi Traverse Management , along with founder Michael V. Lewis, in a deal worth $551M, the companies said late Tuesday. Rivzi Traverse is paying $11.00 per share in cash for each share of RealD, taking the company private. RealD had been listed on the New York Stock Exchange. The deal had originally been announced in November.

Equity 109

Equity Los Angeles Technology Angel 109

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

socalTECH

MARCH 23, 2016

Irvine-based Digsy , an online search service for finding commercial office, warehouse or retail space, said today that it has launched into Silicon Valley and San Francisco. The startup also revealed a funding by investors Gil Amelio (former CEO of Apple), Gordon Stephenson (board member with Zillow) and Sean Ellis (GrowthHackers.com and DropBox), K5 Ventures, Tech Coast Angels, early LoopNet executives and other angels.

Tech Coast Angels 109

Tech Coast Angels Angel Funding Custom 109

socalTECH

MARCH 23, 2016

Los Angeles-based venture investor Wavemaker Partners has made a $1M investment in Front Desk , a developer of mobile scheduling and payment services for businesses, the company disclosed Tuesday. The funding is an extension of a recently announced Series A funding for Front Desk, which is based in Seattle. Front Desk had earlier raised $3.5M from Floodgate, Second Avenue Partners, Version One Ventures, and Zillow founder Rich Barton.

Invest 109

Invest Los Angeles Mobile Services 109