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L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

Correlation Ventures Raises $200M In New Investment Fund

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Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brings its total assets under management to $366M. READ MORE>>.

What I’ve Learned About Venture Funding

Both Sides of the Table

VC funding. How can it be that over-funding is bad, bad, bad and then the best possible outcome and what is the inflection point? by SA.

ROX Medical Gets $40M Funding

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San Clemente-based ROX Medical , a startup developing medical devices to treat hypertension, has raised $40M in a Series E funding, the company said this morning. The funding was led by Novartis Venture Fund and Apple Tree Partners and also included prior investors Versant Ventures and Domain Associates. READ MORE>>.

Should Startups Announce Their Funding?

Both Sides of the Table

Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. Benefits.

Kareo Gets $15M Debt Funding

socalTECH

Irvine-based Kareo , which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. The company said the new funding brings its total raised to $47M in 2014. Terms of the new funding were not announced.

Visage Finds $2.15M In Seed Funding

socalTECH

Irvine-based Visage , which offers up a service aimed at online marketers to help create infographics, said this morning that it has raised $2.15M in a seed funding. The funding was led by Venture51, and also included K5 Ventures and Kima Ventures, along with angels Robin Pimentel and Dan Martell. READ MORE>>.

Core Innovation Capital Backs Mosaic's $220M Funding

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Los Angeles-based fintech investor Core Innovation Capital is one of the backers in a big, $220M equity funding for solar power financing provider Mosaic. Core Innovation Capital is very active nationally in fintech investments, and raised a big fund in 2015. The company is based in Oakland. READ MORE>>.

Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

[ Note: The headline has been corrected to better describe the company’s type of funding. 9/27/16, 2:09 p.m. Bregua Corp.,

What To Do When Your Competitor Gets Funded?

Both Sides of the Table

We will have two well-funded companies educating the market on why this market opportunity for the $24 billion US storage market is ripe for disruption. When we funded Sam , Rahul and team at MakeSpace > 2.5 What should you do when a competitor announces a big fund raise? Pretending the funding didn’t happen is dumb.

Embodied Gets Funding From Intel For Personal Robots

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Pasadena-based Embodied , a new startup developer "affordable personal robots", has raised funding from Intel Capital. Size of the funding was not announced. A recent regulatory filing from Embodied suggests the funding round was worth around $3.79M. READ MORE>>.

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Report: Crosscut Ventures Launching Fourth Venture Investment Fund

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Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. Crosscut has not yet filed regulatory details on the new fund. READ MORE>>.

How to Develop Your Fund Raising Strategy

Both Sides of the Table

I now observes the fund raising process as a profession. This is the fund raising perspective from both sides of the table. Call high.

University of California Plans $250M Venture Capital Fund

socalTECH

The fund would seek to invest in companies started on campus, from University research, and from students. READ MORE>>.

SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. SaaS Funding's Santa Monica office is led by Charlie Perer. saas funding santa monica debt financing finance venture capital software investmentREAD MORE>>.

The Full Dataset on What VCs are Thinking About Funding in 2016

Both Sides of the Table

We use this try to draw some context that informs our funding decisions. Of course we fund companies in good markets and bad.

Embark Ventures Raising $50M Venture Capital Fund

socalTECH

Los Angeles-based Embark Ventures , a new venture capital fund led by Yipeng Zhao and venture capitalist Peter Lee, is raising a $50M venture capital fund, according to a recent SEC filing by the firm. The filing says the firm has so far raised $45M out of a $50M target in the fund, from six limited partners. READ MORE>>.

Pasadena Angels Form $1.3M Investment Fund

Ask the Angels

Pasadena, California (June 1, 2016) – The Pasadena Angels (PA) today announced the formation of their first investment fund at $1.3 million, PA Fund 1 (The Fund). The Fund will specialize in seed and early stage investments and will co-invest exclusively in deals that are subscribed by Pasadena Angels members.

Appetize Raises $20M In Funding, Ramps Hiring

socalTECH

Los Angeles-based point-of-sale technology developer Appetize said Tuesday that it has raised $20M in a new funding round, led by private equity investor Shamrock Capital Advisors. Oak View Group, led by Tim Leiweke and Irving Azoff, also participated, along other investors. READ MORE>>.

Mucker Capital Raises $45M Fund, Mucker III

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Los Angeles-based Mucker Capital said this week that it has closed on a new, $45M fund, Mucker III. The fund, run by Erik Rannala and William Hsu, did not detail the limited partners in the new fund. Mucker Capital started fundraising for that new fund in May of last year. READ MORE>>.

Codesmith Raised $1.1 Million Funding Round Lead by Test Prep CEO

Tech.Co

million funding round led by Chad Troutwine, the CEO of Veritas Prep. round of investment to bring their unique coding education focused on technical excellence, communication and community to new students in Los Angeles,” read the funding announcement. That’s right, LA-based Codesmith has just raised a $1.1

Quarterly Gets Funding From Science

socalTECH

Los Angeles-based subscription box service Quarterly , which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc. Size of the investment was not disclosed. READ MORE>>.

Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

Yet as we enter February 2017 the VC funding markets are booming, Snap, Inc has filed for its IPO, AppDynamics was just purchased for $3.7

Kobe Bryant Launches $100M Venture Capital Fund

L.A. Business Journal

Kobe Bryant has launched a $100 million venture capital fund

The Newest Source Of Startup Funding – The Sharing Economy

InfoChachkie

Tradesy, one of the fastest growing sharing economy companies, was initially funded by the sharing economy. ParkAtMyHouse.com can help.

mobileStorm Gets Debt Funding

socalTECH

Los Angeles-based mobileStorm , the provider of mobile messaging and email marketing services headed by Jared Reitzin, has scored a venture debt funding, according to provider Agility Capital. Financial details of the funding and terms were not announced. mobilestorm venture capital debt funding agility mobile marketing

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Unitas Global Gets Funding For Private Cloud Efforts

socalTECH

Los Angeles-based Unitas Global , a new, cloud services company founded by infrastructure veteran Grant Kirkwood, said today that it has raised a new funding round, from MK Capital and Azure Capital. Size of the funding round was not announced. enterprise infrastructure capital venture funding cloud private global unitas

The Challenges of Milestone Funding

Tech Zulu Event

knows, I am a huge, huge fan of milestone funding. Do you practice milestone funding? Defining your milestones. Timing your milestones.

TVC Capital Raises $115M Software Fund

socalTECH

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

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A Seriously Great Story and Why We Funded Them

Both Sides of the Table

We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. The results?

Thrive Market raises $111 million for its online organic grocery store

TechCrunch LA

That’s the mantra of Los Angeles-based Thrive Market, which has raised a significant $111 million Series B funding round, led by Invus.

Cooley Attorneys Setting Up Venture Fund

socalTECH

It's unclear how and if the new venture fund will invest in any of the firm's new Silicon Beach clients. READ MORE>>.

Aligned TeleHealth Gets Angel Funding

socalTECH

Size of the funding was not announced. The company said the funding came from Deepak Chopra, the CEO and founder of OSI Systems, and Hector Sulaiman, CEO of Controles Graficos. Both join the company''s board of advisors. Aligned Telehealth is led by Nitin Nanda. READ MORE>>.

An Inside Scoop on the Funding Environment and What it Might Mean for You

Both Sides of the Table

It is an heroic accomplishment in a brutal fund-raising market in which only market leaders can bring in that sort of money. $30 million.

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Viddy Confirms $30M Funding

socalTECH

Viddy said the Series B funding comes from New Enterprise Associates, Goldman Scahs, Khosla Ventures, and Battery Ventures. READ MORE>>.

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

socalTECH

San Francisco-based Gigster said this morning that it has raised $10M in a Series A funding, which came from Andreessen Horowitz, along with Ashton Kutcher and Sound Ventures; Y Combinator; SV Angel and Ron Conway; and Jason Calacanis and Launch Fund. Gigster says its online service it targeted at both enterprises and startups.

SteelHouse Adds $49M In Funding

socalTECH

Los Angeles-based advertising software developer SteelHouse is announcing this morning that it has raised $49M in a new funding round. The funding was led by Mercato Partners, and also included Staley Capital and Silicon Valley Bank. SteelHouse is led by Mark Douglas. READ MORE>>. capital venture software advertising adtech steelhous

Ecinity Scores Funding Round

socalTECH

Los Angeles-based Ecinity , a developer of online, automated marketing software for the SMB market, has raised a round of funding from Siemer Ventures and others, according to details on investments released by Siemer Ventures yesterday. Ecinity, which is still in stealth mode, is one of the companies in the MuckerLab accelerator.

USC Marshall Awards $50K In Seed Funding Competition

socalTECH

According to USC Marshall, it awarded $15,000 in seed funding for two first place winners, and four $5,000 seed prizes to companies.

Qualcomm Launches Medical Devices Subsidiary, $100M Fund

socalTECH

The new subsidiary will also backed by a new, venture capital investment fund worth $100M, called the Qualcomm Life Fund , which will invest in medical device manufacturers. qualcomm medical devices investment fund venture capital lifescienceREAD MORE>>.