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JUNE 24, 2011

CalPERS (the California Public Employees' Retirement System), one of the biggest limited partners in venture capital funds, has released its best and worst performing venture capital and private equity funds as of December 31st, showing that two Southern California venture funds were tops in terms of internal rates of return (IRR).

Clearstone 220

Clearstone Avalon Southern California Santa Monica 220

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AUGUST 19, 2010

Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today. According to the filing, the first investment in the round was August 4th, and included equity, options, and warrants.

Funding 153

Funding Anthem Clearstone Santa Monica 153

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OCTOBER 2, 2012

Santa Monica-based ShoeDazzle , the online e-commerce and celebrity site that is back in the hands of Brian Lee, and whose co-founders include Kim Kardashian, has raised $6.0M in a combination of equity and debt, according to a regulatory filing from the firm Tuesday.

Funding 150

Funding Santa Monica Commerce Equity 150

L.A. Business Journal

JUNE 22, 2020

the Santa Monica-based meditation app developer, has raised an additional $47.7 million in equity from 10 investors for its Series C funding round. Headspace Inc.,

Santa Monica 179

Santa Monica Equity Funding Develop 179

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MAY 17, 2013

In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seed funding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said the new funding came from QED Ventures.

Chief Technology Officer 215

Chief Technology Officer CitySearch Ticketmaster Santa Monica 215

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JULY 6, 2009

Santa Monica-based Miles Electrical Vehicles --now known as Coda Automotive--has raised around $11M in additional funding in an ongoing, $40M funding round, according to a regulatory filing from the firm today. In the filing, the firm said it has now sold $24M in equity out of a $40.3M raise, up from $13.5M

Funding 133

Funding Santa Monica Venture Capital Equity 133

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FEBRUARY 21, 2019

Santa Monica-based private equity investor Arrowroot Capital is the lead investor in a funding round for parking technology developer ParkHub , in ParkHub's first instituional funding. According to the company, the funding is its first institutional funding round.

Funding 133

Funding Santa Monica Equity Capital 133

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NOVEMBER 14, 2012

Santa Monica-based solar energy project developer SolarReserve has raised $586M in a combination of equity and debt, for two South African projects, according to reports today.

Santa Monica 164

Santa Monica Equity Ideas Report 164

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SEPTEMBER 14, 2021

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. The funding included $6.3M in equity, and $100M in debt.

Equity 113

Equity Santa Monica Commerce Funding 113

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AUGUST 15, 2013

The app developer--which recently raised some funding from local Los Angeles investor Craton Equity Partners--develops software which essentially provides Uber-like smartphone functionality to any taxicab company. Flywheel''s service is available across LA except Santa Monica and Beverly Hills. READ MORE>>.

Los Angeles 244

Los Angeles Hermosa Beach Beverly Hills San Fernando 244

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FEBRUARY 16, 2011

Financial terms of the buy were not disclosed, however, the firm said that private equity firm JMI Equity has provided it funding in support of the transaction. JMI Equity General Partner Peter Arrowsmith and Vice President David Greenberg have joined Resource Nation's board as part of the acquisition.

Resource 178

Resource Southern California Santa Monica Equity 178

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SEPTEMBER 7, 2011

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the funding was structured as a one-for-one conversion from preferred stock to common stock.

Truecar 190

Truecar GRP Partners Santa Monica Pricing 190

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DECEMBER 10, 2014

Santa Monica-based Ring , the smart doorbell startup led by Jamie Siminoff, has raised $4.5M in equity and another $2.5M True Ventures'' Adam D''Augelli will join the company''s board with the funding, which the company disclosed gives it a $15.5M in debt financing, the company disclosed Wednesday. postmoney valuation.

Santa Monica 173

Santa Monica Venture Capital Equity Ideas 173

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NOVEMBER 15, 2017

Santa Monica-based Arrowroot Capital Management announced today that it has raised a $177M, third fund, Arrowroot Capital II, L.P. , to invest in growth equity for enterprise software companies. Arrowroot Capital said the fund was oversubscribed.

Invest 113

Invest Capital Software Funding 113

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NOVEMBER 6, 2017

Santa Monica-based private equity investor Clearlake Capital has led a $65M investment round in risk management application developer MetricStream , Clearlake said this morning. Clearlake said the funding also included EDBI, Goldman Sachs, Sageview Capital, and others.

Capital 113

Capital Funding Santa Monica Equity 113

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MAY 20, 2011

Santa Monica-based SolarReserve , the solar power projects developer developing solar thermal, utility-scale power plants, has scored a massive, $737M loan guarantee from the U.S. Renewables Group, Argonaut Private Equity , Citi , Credit Suisse , Good Energies , Nimes Capital , and PCG Clean Energy & Technology Fund.

Santa Monica 182

Santa Monica Equity Capital Funding 182

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AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. Details on the equity portion were not announced.

Equity 100

Equity Invest Santa Monica Tool 100

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JULY 8, 2019

Perforce Software , a developer of software used by developers to manage their software source control and DevOps--which is backed by Santa Monica-based Clearlake Capital Group--has scored a new round of funding, the company announced this morning. Clearlake first made its investment in Perforce in late 2017.

Software 113

Software Capital Funding Santa Monica 113

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APRIL 7, 2011

Santa Monica-based SolarReserve , the developer of utility scale, solar thermal power plants, has raised $20M in a Series C funding round. The funding was disclosed via a regulatory filing Thursday. Source of the new funding was not disclosed. The new funding brings SolarReserve's total raised to over $160M.

Santa Monica 145

Santa Monica Equity Funding Capital 145

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NOVEMBER 23, 2010

Santa Monica-based Rubicon Project , the online ad network optimization firm, told its customers today that it has just optimized its one trillionth display ad. Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn.

Clearstone 159

Clearstone Santa Monica News Equity 159

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MAY 1, 2013

A Santa Monica startup, Famous Birthdays , looks to have carved out quite a niche in the area, with its online list of (you guessed it), famous birthdays. Britton is a serial entrepreneur, who was last head of ResourceWebs, which he recently sold to a private equity firm. What are the most searched for things on the Internet?

Web Design 182

Web Design Santa Monica Statistics Web 182

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FEBRUARY 8, 2011

in a funding round, but appears to also have moved its headquarters to Northern California. in an equity funding round. No details on that funding have been announced by the company. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

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JULY 30, 2020

Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.

Software Review 157

Software Review Draper Santa Monica Google 157

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JULY 18, 2013

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

Content 150

Content Steamboat Ventures Santa Monica Venture Capital 150

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JUNE 15, 2010

Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. Source and details on the funding have not yet been announced by the company.

Zag 154

Zag GRP Partners Anthem Santa Monica 154

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MARCH 30, 2010

Santa Monica-based CODA Automotive announced Tuesday afternoon that it has scored $394M in funding for the firm's electric battery efforts. According to CODA, $100M in equity funding comes from joint venture partner Lishen Power Battery, with another $294M in a line of credit from the Bank of Tianjin Joint-Stock Co.,

Santa Monica 150

Santa Monica Venture Capital Equity Funding 150

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OCTOBER 12, 2010

Santa Monica-based venture capital firm Rustic Canyon Partners has upped its investment in social games firm PlayFirst , which is based in San Francisco. According to PlayFirst, Rustic Canyon, Mayfield Fund, Trinity Partners, and DCM--all current investors in the game developer--have invested $5.2M in debt.

Rustic Canyon 145

Rustic Canyon Santa Monica Venture Capital Equity 145

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DECEMBER 14, 2009

Michael Kim , a partner at Santa Monica-based Rustic Canyon Partners , is departing the firm at the end of the year to startup up a new fund-of-funds, Cendana Capital. Kim was based in Silicon Valley.

Rustic Canyon 133

Rustic Canyon Santa Monica Venture Capital Equity 133

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MARCH 26, 2014

Sequoia Capital''s Douglas Leone, was placed at number six for his role in funding San Diego''s ServiceNow ; Bessemer''s Byron Deeter was ranked #36 due to his role in funding Santa Monica''s Cornerstone OnDemand ; Stephen Jurveston, of Draper Fisher Jurvetson, was ranked at #59 for his investment in Hawthorne-based SpaceX.

Southern California 159

Southern California Cornerstone OnDemand SoCal San Diego 159

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JUNE 8, 2015

Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.

Funding 100

Funding Outsource Santa Monica High Tech 100

socalTECH

AUGUST 11, 2014

Santa Monica-based Surf Air , the membership-based airline which has been serving Silicon Beach, is in a major expansion, saying that it has ordered 15 new planes--with an option on another 50--and raised $73M in debt and equity. Surf Air offers up "all you can fly" shot hop travel aimed at investors and business executives.

Anthem 145

Anthem Santa Monica Equity Venture Capital 145

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JANUARY 14, 2013

Convetro , the online advertising targeting and optimization technology developer headed by serial entrepreneur Jeff Zwelling, has raised $5M in a Series B funding round, the company said this morning. The firm said the funding came from Bessemer Venture Partners and DAG Ventures, and will go towards sales and marketing.

Santa Monica 147

Santa Monica Advertising Equity Entrepreneur 147

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AUGUST 30, 2010

Santa Monica-based CODA Automotive , the developer of electric vehicles, said today that it has named Mark Jamieson as its Chief Financial Officer. The firm recently raised $58M in a Series funding round in May, and has now raised more than $125M in total capital. READ MORE>>.

Santa Monica 162

Santa Monica Equity Resource Capital 162

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APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

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OCTOBER 9, 2013

Santa Monica-based utility scale solar power developer SolarReserve announced Tuesday that it has appointed a new Chief Financial Officer. He also co-founded wind developer First Wind/UPC Wind, and served at a Nomura-backed private equity fund, GE Capital Market Services, and Lehman Brothers. Solar Reserve said it has $1.8

Santa Monica 147

Santa Monica Equity Capital Funding 147

socalTECH

MARCH 29, 2017

Santa Monica-based Arrowroot Capital , an investment firm focused on investing growth equity in growing software-as-a-service and internet-based businesses, has launched an effort to raise $175M in its third fund, Arrowroot Capital III, LP. The firm's second fund closed at the end of 2015, and was worth $50M.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

DECEMBER 22, 2009

Santa Monica-based SolarReserve , a developer of utility-scale solar power projects, announced today that the firm has inked a 25-year, power purchase agreement (PPA) with NV Energy. Financial details of the PPA were not disclosed. SolarReserve develops solar power projects using molten salt technology. READ MORE>>.

Santa Monica 145

Santa Monica Equity Technology Capital 145