socalTECH

NOVEMBER 4, 2021

San Diego-based venture capital investment firm Section 32, led by former Google Ventures founder Bill Maris, has raised $740M in its fourth venture capital fund, the company said this morning.

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socalTECH

NOVEMBER 12, 2014

San Diego-based Pathway Genomics has scored an investment from Google , the two said Wednesday, as part of an investment out of IBM''s Watson Group. Financial terms of the investment were not disclosed. IBM said the investment comes out of its $100 million fund for Watson-related startups. READ MORE>>.

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Both Sides of the Table

OCTOBER 17, 2019

I became a VC 12 years ago in 2007 when the pace of deals was much slower. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users. We not only have our Series A funds that can write $500k?—?$15

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Both Sides of the Table

JUNE 28, 2011

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. I will argue that LPs who invest in VC funds will also need to adjust a bit as well.

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socalTECH

JUNE 6, 2019

Los Angeles-based Backstage Accelerator , the startup accelerator run by Backstage Capital, which seeks to support underrepresented founders, has received a big boost to its efforts today, after Google said that it will be supporting Backstage Accelerator to help it scale its efforts. READ MORE>>.

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Both Sides of the Table

JUNE 28, 2021

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” The thesis is that before investing in an early-stage startup it is close to impossible to know which of the deals you did will break out to the upside.

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socalTECH

DECEMBER 22, 2017

San Diego-based Section 32 , the venture capital investment fund of former Google Ventures CEO and founder Bill Maris, is looking to raised $250M for its second fund, Section 32 Fund 2. Section 32's first fund, worth $151.3M, was only raised in May. READ MORE>>.

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socalTECH

APRIL 23, 2013

Despite the level of venture capital activity in Southern California, the region--according to informal discussions with venture capitalists over the years--continues to suffer from a dearth of local, indigenous capital--at least, compared with the hundreds of investors along Sand Hill Road. READ MORE>>.

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socalTECH

FEBRUARY 12, 2015

Mountain View-based Google confirmed in its quarterly earnings report this week that it was the biggest investor in the recent, $1 billion funding round for Hawthorne-based SpaceX. The remainder of the funding round came from Fidelity, Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.

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socalTECH

FEBRUARY 2, 2021

Los Angeles-based TenOnTen Ventures, the venture capital investment fund run by David Waxman, Gil Elbaz, and Minnie Ingersoll, has kicked off efforts to raise a third fund, TenOneTen Ventures III, with a goal of raising $60M in the fund, per recent regulatory filings by the firm.

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socalTECH

JANUARY 13, 2020

Los Angeles-based venture capital investment fund Bonfire Ventures is looking to raise a new, $100M investment fund, Bonfire Ventures II, L.P., According to the filing, the managing directors of the new fund are Jim Andelman, Mark Mullen, and Brett Queener. READ MORE>>.

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socalTECH

JANUARY 19, 2015

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google , according to reports Monday, as Google seeks to get into the space business. The investment reportedly values SpaceX at more than $10 billion. READ MORE>>.

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SpaceX Google Report Invest 100

Both Sides of the Table

APRIL 15, 2010

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. I’m loving doing the show and I think that Jason and I have pretty good banter and rapport. (plus a large settlement on patent disputes paid from Google) so Bill did well on it. Google had huge destination traffic.

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socalTECH

MARCH 5, 2014

Irvine-based online real estate marketplace Auction.com announced this morning that it has raised $50M in a funding round from Google Capital. According to Auction.com, Google Capital will also add a representative to the company''s board of directors, and also gain an observer seat. READ MORE>>.

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socalTECH

APRIL 23, 2013

Despite the level of venture capital activity in Southern California, the region--according to informal discussions with venture capitalists over the years--continues to suffer from a dearth of local, indigenous capital--at least, compared with the hundreds of investors along Sand Hill Road. READ MORE>>.

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Venture Capital Southern California Capital SoCal 145

Both Sides of the Table

NOVEMBER 8, 2011

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

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Venture Capital Funding Startup GRP Partners 287

socalTECH

APRIL 19, 2012

The latest numbers from the MoneyTree Report from PricewaterhouseCoopers, The National Venture Capital Association, and Thomson Reuters have tallied up just under a billion dollars in venture capital investments in the Southern California region in Q1 of this year, a very significant uptick from Q2 of 2011.

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socalTECH

AUGUST 13, 2014

Los Angeles-based venture capital investor TenOneTen Ventures , which is run by David Waxman and Gil Elbaz, is looking to raise a $25M fund, according to a regulatory filing from the company this week. Elbaz was founder of Applied Semantics (acquired by Google), and is currently full time CEO at Factual.

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Funding Venture Capital Google Los Angeles 164

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. I believe these VC funds have suffered some amount of reputation fall out.

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TechCrunch LA

AUGUST 16, 2020

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. Derek Norton, founder, Watertower Ventures: Image Credit: Watertower Ventures. “I see two things happen.

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Both Sides of the Table

APRIL 28, 2010

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Read more: TechCrunch. Wildfire Interactive.

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Venture Capital Capital Rustic Canyon Mobile 270

Both Sides of the Table

JANUARY 22, 2014

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

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Venture Capital Coach Writing SaaS 364

Both Sides of the Table

JANUARY 3, 2016

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

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Both Sides of the Table

SEPTEMBER 12, 2013

I am thrilled to announce that we have added Hamet Watt as a Partner at Upfront Ventures. This is a big news day at Upfront Ventures. In other news we announced the closing of $61 million in funding at Maker Studios , which I’ll talk publicly about soon. Mark, why wouldn’t you fund him? Startup DNA.

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Invest Venture Capital Startup News 340

socalTECH

JANUARY 20, 2015

The funding came from Google, Fidelity, as well as existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

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socalTECH

MAY 7, 2012

Los Angeles-based content developer Machinima is on the verge of an investment deal with Google , according to a report published Monday by AllthingsD. Machinima consistently ranks among the top providers of content on Google's YouTube, and has been one of the companies spearheading YouTube's push into original content.

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Google Report Invest Content 150

Both Sides of the Table

JUNE 18, 2010

To see the video of This Week in VC click on this link. What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures).

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Venture Capital Google Web Sites 225

socalTECH

MAY 21, 2020

San Diego-based venture capital fund Sectoin 32 says it has made a number of key appointments, as it expands its human resources, staffing, and communications efforts. Section 32 invests in technology, healthcare and the life sciences; the company was founded by former Google Ventures founder Bill Maris.

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Google San Diego Venture Capital Resource 124

socalTECH

FEBRUARY 28, 2017

Los Angeles-based venture capital fund Double M Partners , which is run by Mark Mullen, is raising a new, $40M venture capital fund, according to a regulatory filing by the firm on Monday. has been raised in the fund, from 49 different investors. The filing indicates that so far, $18.3M

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Symantec Funding Venture Capital Google 100

Both Sides of the Table

MAY 4, 2010

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. the funding and market coverage.

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Clearstone Venture Capital ReachLocal Google 236

Both Sides of the Table

APRIL 21, 2010

I just cover the companies that were funded that week. Also, some of the deals I write about I have actually seen as part of their fund raising process. Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners. Others I have not.

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Both Sides of the Table

FEBRUARY 16, 2017

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” Another firm funded them. That’s a benefit for us as a local VC. These experiences make you cautious.

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Snapchat Invest Technical Review Dollar Shave Club 214

socalTECH

MAY 31, 2013

Weoutta , a Silicon Valley developer of an application to help users discover and find events and things happening locally, has raised a funding round from newly formed Los Angeles investment firm TenOneTen , which was founded by David Waxman and Gil Elbaz. The investment by Weoutta was reported this morning by Fortune''s Term Sheet.

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Invest SoCalTech Venture Capital Google 147

Both Sides of the Table

MAY 19, 2018

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.” I have to back up and give you more context.

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Funding Venture Capital Startup Email 336

Both Sides of the Table

JULY 15, 2010

We started this week’s show with a Q&A session where I answered viewer questions about fund raising and the VC industry. Heck, stick around and watch me discuss the seed funding debate that is going on right now and what is happening in the VC industry overall. Google’s investment in Zynga.

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Venture Capital Seed Funding Pricing Southern California 210

InfoChachkie

MAY 22, 2012

The steps outlined below represent an ideal approach to raising capital from sophisticated investors. You might be at Step 2 with one VC and Step 3 with another. Step 2: Get Personal & Give Freely – Once you identify a handful of potential VC partners, stealthily cyber stalk them. Subscribe to their blog.

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Venture Capital Capital Research Customer 236

socalTECH

APRIL 23, 2013

The world of search technology is constantly evolving, with new features like autosuggestion, "instant search", autocorrect, mobile support, and more constantly showing up in such services like Google. Size of the funding round was not announced. enterprise software technology google instant search capital venture srch2'

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Southern California Funding Google Redpoint 164