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Ondax Closes Round At $2.2M

socalTECH

Monrovia-based Ondax , a manufacturer of volume holographic grating filters and lasers, said Tuesday that it has officially closed its $2.2M, Series E funding round. The round was led by Prospector Equity Capital and Arcturus Capital, and also included the Pasadena Angels and Tech Coast Angels.

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Lowercase Capital

Tech.Co

We are grateful for the companies who have chosen us, feel lucky for the chance to collaborate with such brilliant and happy people, and we are proud of how hard they work to bring smiles to their users and customers. Our approach isn’t exactly customary, and our partners don’t act like traditional VC/private equity guys.

Capital 70
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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

So they will have allocations to US public equities, international public equities, emerging market public equities, real estate, mining, minerals and so forth. And we feel grateful to all of the entrepreneurs who have let us share their journeys over the last decade and the many that will work with us in the years ahead.

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Reflections on 2018: Jeb Spencer, TVC Capital

socalTECH

2018 was a great year for TVC Capital and we were able to get our fourth growth equity fund closed, taking our assets under management to close to $400 million. Jeb Spencer is the Co-Founder and Managing Partner of TVC Capital , a growth equity firm focused on the investment in and acquisition of business critical software companies.

Capital 113
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One Simple Paragraph Every Entrepreneur Should Add to Their Convertible Notes

Both Sides of the Table

“If this note converts at a price higher than the cap that you have been given you agree that in the conversion of the note into equity you agree to allow your stock to be converted such that you will receive no more than a 1x non-participating liquidation preference plus any agreed interest.”

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

The buyer is shopping for equity in startups and the seller is looking for cash in exchange for equity and shared governing control of his or her company. I’d be grateful if you could prioritize it. So WTF am I supposed to do when an investor asks for access to my data room if I don’t have one?

Funding 336
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Ross Levinsohn leaves Yahoo

Tech Zulu Event

In his 2010 offer letter and 2011 Levinsohn will receive severance payments, plus an equity award of 67,000 restricted stock units with stock options of 250,000 which at an exercise price of $15.80 I am very grateful to Ross for his leadership and work throughout his tenure at Yahoo. His compensation. His contributions will be missed.

Yahoo 74