socalTECH

JANUARY 16, 2015

billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. The numbers in Southern California were significantly helped by two, mega-funding deals in Los Angeles, including $485.6M

Southern California 100

Southern California Invest Orange County San Diego 100

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.

CTO Hire 301

CTO Hire CTO Coach Equity Startup 301

socalTECH

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. READ MORE>>.

Invest 113

Invest Capital Software Funding 113

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.

CTO Hire 273

CTO Hire CTO Coach Equity Company 273

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Wait, didn’t you just raise a fund? Was it hard to raise the fund?

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

FEBRUARY 9, 2017

Greycroft Partners , one of the more active investors in Los Angeles technology startups, announced on Thursday that it has raised $250M in a new, growth equity fund. Greycroft says its Greycroft Growth funds have invested in 14 companies, including LA's Scopely and Thrive Market, among others. READ MORE>>.

Funding 124

Funding Southern California Los Angeles Invest 124

socalTECH

APRIL 29, 2009

Southern California's venture capital industry isn't just content and media, but is gaining a reputation for companies who "actually know how to make money,"--or so says Highland Capital's Richard de Silva. Cremin said that when he started, few people understood the rules of the "equity economy."

Southern California 113

Southern California Content eHarmony Venture Capital 113

TechCrunch LA

AUGUST 16, 2020

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots. “I see two things happen.

Funding 230

Funding Southern California Los Angeles Invest 230

SoCal Tech Calendar

JULY 14, 2020

Monday, July 20, 2020 -- How Equity Crowdfunding helps achieve Success. Join JJ Richa in a fireside chat with Bruce Virga to discuss how funding platforms connect everyday investors to growth-focused businesses, helping both parties to achieve success.

Equity 100

Equity Help Platform Entrepreneur 100

socalTECH

NOVEMBER 10, 2020

Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP. READ MORE>>.

Software 124

Software Sales Southern California Equity 124

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. READ MORE>>.

Invest 100

Invest Capital Funding Southern California 100

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. The entity now guides both HelpWithCOVID and HelpWithBlackEquity.

Equity 124

Equity Resource Startup Platform 124

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 167

CTO CTO Hire CTO Coach Equity 167

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. Same Value for Sweat Equity as Investment Dollars?

Equity 391

Equity CTO Hire Startup Examples 391

SoCal CTO

JANUARY 18, 2011

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 150

CTO CTO Hire CTO Coach Equity 150

socalTECH

DECEMBER 27, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Over the last four years, I watched numerous entrepreneurs raise equity. What was the biggest news for your company in 2018?

Southern California 133

Southern California SoCal Culver City Venture Capital 133

SoCal CTO

APRIL 18, 2012

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like.

CTO Hire 294

CTO Hire Equity Demand Resource 294

socalTECH

APRIL 2, 2009

Southern California Venture capital totals were up slightly in Q1 of this year from last quarter, to around $718M in deals, according to an analysis of socalTECH.com's proprietary venture database. However, venture funding totals were still well off the first quarter of 2008's nearly $1.2 billion in funding.

Southern California 113

Southern California SoCal Invest SoCalTech 113

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. The entity now guides both HelpWithCOVID and HelpWithBlackEquity.

Equity 100

Equity Resource Startup Platform 100

socalTECH

JANUARY 16, 2013

Lynda.com , the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content.

Funding 178

Funding Santa Barbara ReachLocal Southern California 178

socalTECH

DECEMBER 18, 2018

In a big exit for Southern California, Carlsbad-based Luxtera , a developer of optical semiconductors used in the high speed networking market, has been acquired by Cisco , in a deal worth $660M in cash and assumed equity options. Luxtera's semiconductors are used in optical transceivers, including 100GbE and 400GbE networks.

Southern California 133

Southern California Networking Equity Capital 133

socalTECH

MAY 30, 2019

Los Angeles-based Mission , a startup providing managed services and consulting for Amazon Web Services, has raised $15M in a funding round, from private equity investor Great Hill Partners. According to Mission, it will use the new funding to expand its team, technology, system, and go-to-market.

Services 133

Services Southern California Web Equity 133

SoCal CTO

NOVEMBER 1, 2010

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. Likely the effective hourly rate as an equity-only CTO Advisor is pretty low.

CTO Hire 241

CTO Hire CTO Coach Equity Develop 241

socalTECH

MAY 11, 2017

The TCA said that 99 percent of the investment dollars were in Southern California, and all but one of the investments were early stage funding, including seed equity, Series A, or bridge to Series A funding. According to the TCA, it invested $3.8M in total across 17 deals, for the quarter ending March 31st, 2017.

Tech Coast Angels 124

Tech Coast Angels Southern California Angel Invest 124

socalTECH

AUGUST 14, 2013

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund? All of that represents opportunity, as well.

Southern California 113

Southern California Capital Funding Invest 113

socalTECH

APRIL 8, 2019

in a Series A funding round. The funding was led by New York philanthropist and venture capital investor Ann Tenenbaum, along with other, un-named investors. According to the company, it will use the funding for marketing and distribution, among other efforts.

Product 113

Product Southern California Venture Capital Equity 113

TechCrunch LA

JANUARY 29, 2018

New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the […]. Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.

SoCal 271

SoCal Southern California Los Angeles Startup 271

socalTECH

AUGUST 23, 2018

TaskUs has been rapidly expanding outside of Southern California, including hiring nearly 2,000 people at three locations in Texas--not to mention its vast overseas operations in the Philippines. TaskUs just raised a giant, $250M funding round from private equity investor Blackstone Group. READ MORE>>.

Southern California 100

Southern California Outsource Santa Monica Equity 100

socalTECH

JANUARY 29, 2013

Rubicon Project , the online advertising technology firm headed by serial entrepreneur Frank Addante, looks like it may just be the next Southern California company to file for an IPO, based on a number of executive appointments made Tuesday.

Southern California 180

Southern California Chief Technology Officer Legalzoom OpenX 180

socalTECH

JULY 6, 2010

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 Numbers from those firms usually differs--sometimes drastically--due to sources of information, timing of funding events, and classification of data. billion invested in Q1, and up from $1.0

Southern California 195

Southern California Westlake Village Invest Tech Coast Angels 195

TechCrunch LA

JANUARY 29, 2018

New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the city is Bonfire Ventures, which just closed a $60 million vehicle for… Read More.

SoCal 217

SoCal Southern California Los Angeles Startup 217

socalTECH

AUGUST 1, 2013

To help those taxi companies, a Los Angeles investor-- Craton Equity Partners --has backed a mobile app developer called Flywheel , which is helping taxi companies arm themselves for the fight against those startups. San Francisco-based Flywheel said this week that it has raised $14.8M The app runs on both iOS and Android.

Mobile 185

Mobile Help Develop Development 185

SoCal Tech Calendar

NOVEMBER 8, 2012

Wednesday, November 14, 2012 -- Private Equity Buyouts Making a Comeback! Please join us as we discuss current MandA activity, hot sectors, deal valuations, the availability of deal financing and the advantages of partnering with a private equity fund. Who is doing deals? How are they getting done? See [link] (more)

Equity 113

Equity OCTANE Activity Funding 113

socalTECH

JANUARY 21, 2010

The University of Southern California is reporting today that spinouts out of the school have raised $148m in the last two calendar years (2008-2009), and that there are now at least 24 USC spinouts currently in business. USC also reported that it owns equity in 32 startups, though none of those startups were identified.

USC 178

USC Southern California Activity Venture Capital 178

socalTECH

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

SoCal Tech Calendar

APRIL 8, 2018

Saturday, April 14, 2018 --.

CalTech 100

CalTech Equity Entrepreneur Funding 100