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SantaMonica-based Cornerstone OnDemand , the developer of talent management and human resources management software, is boosting its efforts to support the Los Angeles technology ecosystem, through the launch of its own incubator and investment fund. READ MORE>>.
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).
SantaMonica-based Brighter.com , an online site focused on helping consumers find and compare dentists, has scored $5M in a Series A funding. The new site--the latest from entrepreneur Jake Winebaum --said that the funding was led by Mayfield Fund.
SantaMonica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.
Los Angeles business accelerator program upStart.LA , one of numerous startup acceleration and incubation efforts to start in the last year in Southern California, is merging with a startup in SantaMonica, Cross Campus. According to a note to supporters form upStart.LA Cross Campus was founded by Ronen Olshansky and others.
Silicon valley startup incubator program 500 Startups announced its latest batch of startups Wednesday, with a surprise: a local, SantaMonica firm among the fifth batch of companies being backed by the accelerator. Chewse was founded by Tracy Lawrence and Jeff Schenck. Schenck was formerly at Adly.
SantaMonica-based Clearstone Ventures appears to be on an exit roll this month, with the acquisition Thursday of Ankeena Networks , a supplier of software for content delivery networks. Clearstone's Sumant Mandal sits on Ankeena's board of directors.
Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here. We spoke with Rami Rostami and Gerard Casale , who are behind TYLT Labs, and who told us a bit about their new fund, its investment criteria, and where it sees the promise here.
SantaMonica-based startup studio Science Inc. founded by Michael Jones, Peter Pham, Gregory Gilman, and Tom Dare, appears to be launching efforts to raise a new fund. The firm already has an existing venture capital fund which invests in its portfolio companies. READ MORE>>.
One of SantaMonica-based startup accelerator and studio Science Inc. ''s s more unusual portfolio companies--organic juice cleanse maker Urban Remedy --has just raised $5M in a new funding, the company said today. Urban Remedy said it raised a $5M, Series A funding, which came from Venture51. READ MORE>>.
Los Angeles-based cloud-based talent management software solutions firm with over 13 million users, Cornerstone OnDemand has launched Cornerstone Innovation Fund , to invest in disruptive LA-based cloud startups building cutting-edge solutions for organizations. Applications to the fund are now open and available online here. .
I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers. These days it’s SantaMonica and Venice. And it’s not just the movement from Palo Alto to San Francisco.
A new startup, headed by entrepreneur Wil Schroter, has launched this week, looking to make it easier for startups to raise funding. SantaMonica- and Columbus, Ohio-based Fundable said that it is looking to provide a crowdfunding platform for "serious startups". on its advisory team.
in a funding round, but appears to also have moved its headquarters to Northern California. In a regulatory filing Wednesday, the company--which had been spawned out of the spawned out of Scott Painter's BrighHouse incubator--said it had raised $3.3M in an equity funding round.
SantaMonica-based Tecca said today that it has launched a new, personal electronics shopping and information service with the backing of Best Buy Co. Fuse said that Tecca was incubated from within the firm. and Fuse Capital. READ MORE>>.
Manatt said the funding will come from the Manatt Venture Fund, an early stage venture fund which has already invested in more than 90 companies, including Pinterest, Etsy, and Idealab. The new digital media venture from Manatt was created by Los Angeles partner T.
Last week, SantaMonica-based Tecca (www.tecca.com) launched a consumer electronics, consumer information service, backed by Fuse Capital and Best Buy. We caught up with Mickie Rosen , the firm's CEO, about the company, its links to Best Buy, and how it was incubated out of Fuse Capital.
It was standing room only at StartEngine 's Demo Day Wednesday afternoon, held at SantaMonica's Cross Campus , as the startup accelerator launched eight of its latest startups into the world, after a 90 day process of mentoring, honing their business model, and heads down development. Standing room only crowd at StartEngine).
SantaMonica-based Mucker Capital , the seed stage investment fund led by Erik Rannala and William Hsu, has just booted up fundraising efforts for the group's third venture capital fund, Mucker III, L.P. The filing indicates that Mucker Capital is looking to raised $50M in the new fund. READ MORE>>.
SantaMonica-based SharesPost , which operates a secondary marketplace for privately held company shares, is expanding the amount of third party research on its market. SharesPost is the latest company funded and started by BrightHouse, an incubator of early stage businesses started by Greg Brogger and Scott Painter.
How is this different than accelerator or incubator? David Carter: There is a lot of misunderstanding on what an incubator is, and what an accelerator is. When I was at Amplify, we had a lot of people wondering what an accelerator was, and how we differentiated from an incubator. We actually are ideating internally.
” Perhaps it is time to seek some funding, but how do you get advice from the same people that you’ll need money from? Well, perhaps it’s time to consider an incubator/accelerator program: Programs like Silicon Valleys’ Y Combinator which essentially put entrepreneurs through a 3+ month startup boot camp.
Gil Elbaz , one of the founders of Applied Semantics , the often unheralded SantaMonica-based creator of what is now Google's AdSense product, is one of the angel investors in San Francisco-based Triggit , a developer of a real time ad bidding platform, it was revealed today.
I helped them raise a few rounds of funding, ran their European operations. I've also worked with startups in Southern California, including TouchCommerce, and I was with them when they were on their first round of funding. I moved to the SantaMonica office of Microsoft Consulting Service. Do you have mentors lined up?
SantaMonica-based Workast , a developer of applications that run on the popular Slack chat platform, has raised $1.85M in a seed funding, the company disclosed this week. The funding was led by Greycroft Partners, and also included Spider Capital, Mucker Capital, and Dream Incubator.
Nate Redmond is the managing partner of Rustic Canyon Partners – he’s probably one of the youngest managing partners of a major fund you’ll meet. And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. 10:15 Do you the LPs are more open-minded to single VC funds today?
Science is looking to incubate its own set of companies, make investments, and otherwise work to create the next successful startups. Mike Jones: Coming out of Myspace, I looked at both operational roles and joining a venture fund. (www.science-inc.com), headed by Mike Jones , the former CEO of Myspace. What is Science?
SantaMonica-based Science , the startup studio led by former MySpace CEO Michael Jones, says it is booting up an effort to launch its own, bitcoin "mining" facility here in the United States, using renewable energy.
Thinking about applying to or ever wondered what its like taking part of an accelerator or incubation program? 10th from 7pm to 9pm at the SantaMonica Civic Auditorium (SMCA). 10th from 7pm to 9pm at the SantaMonica Civic Auditorium (SMCA). Rafi Gordon , Co-founder at StyleSpot (an Idealab funded company).
SantaMonica-based Mucker Capital has raised $45 million for its third fund, Mucker III. The Silicon Beach firm said that it will continue to invest in software and services startups and continue to focus on the greater Los Angeles area. “We are founders, just like the… Read More.
Sam Teller: Launchpad is an accelerator in SantaMonica. For two years, it was a mentorship program, that worked with twenty three different companies, but did not have a fund, did not have an office, and didn't take any equity. For readers, LaunchpadLA is all about? We were founded in 2009 by Mark Suster from GRP Partners.
SantaMonica-based Geodelic announced today that the firm is shipping a new application for local discovery, along with T-Mobile USA. in funding from Clearstone Venture Partners and Shasta Ventures. in funding from Clearstone Venture Partners and Shasta Ventures. Geodelic is headed by Rahul Sonnad, and is backed by $3.5M
SantaMonica-based HomeHero , which had been working on creating and online marketplace for in-home, senior care services, has called it quits , according to co-founder Kyle Hill. HomeHero was initially incubated at Science Inc., READ MORE>>.
Accelerator programs--like YCombinator in Silicon Valley, and TechStars in Colorado--have come to the forefront of the minds of entrepreneurs as a way to boost their ideas quickly into the market, find funding, and into existence. We're providing seed funding, office space, and put them through a three month, structured program.
We caught Rahul in a more serious conversation, and spoke to him about his venture funded, location-based information startup and what it's up to, as well as got the story behind the firm's incubation at Clearstone Ventures. You're funded, correct? How did the incubation part come about?
But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. Founded in 2008 in SantaMonica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Incubated by Clearstone Ventures in 2008. Current round: $4. Total raised: $6.0mm. See: TechCrunch.
SantaMonica-based The Preccelerator Program , which is run by Stubbs Alderton & Markiles, LLP, has announced its sixth class, saying it has added five startups to its startup accelerator program. READ MORE>>.
Based on recent funding activity, most of the clean technology activity in Los Angeles is actually currently in areas such as SantaMonica and Monrovia, with few--if any--companies located in or near the planned Clean Technology Corridor.
SantaMonica-based HomeHero , the home care technology and services startup founded by Kyle Hill and Mike Townsend, has linked up with Cedars-Sinai to launch a new program called Safe Transition Home. Financial impact of the deal was not announced.
Over the last few months, SantaMonica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. Sumant Mandal: First of all, you know our heritage is as an incubator. Clearstone itself was an incubated entity, out of Idealab, it was Idealab Capital. That's not venture.
Thinking about applying to or ever wondered what its like taking part of an accelerator or incubation program? 10th from 7pm to 9pm at the SantaMonica Civic Auditorium (SMCA). 10th from 7pm to 9pm at the SantaMonica Civic Auditorium (SMCA). Rafi Gordon , Co-founder at StyleSpot (an Idealab funded company).
Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/).
24 7pm at Coloft in SantaMonica. OrganicStartup incubates and accelerates innovative ventures by providing them with strategic early-stage investment, advisory, and operational assistance. TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan.
Which is why, perhaps, Jones has foregone the pure investor route to instead focus on Science , his new accelerator and tech studio in SantaMonica, California.
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