article thumbnail

Internet Brands Acquires Avvo

socalTECH

Los Angeles-based Internet Brands said on Thursday that it has agreed to acquire Avvo , which operates an online legal marketplace where consumers can connect with lawyers. According to Internet Brands, Avvo will become part of its Legal vertical. Avvo had raised around $180M in total funding. READ MORE>>.

article thumbnail

Internet Brands Acquired By KKR

socalTECH

El Segundo-based Internet Brands said this morning that it is being acquired by private equity firm KKR , from its current owners, Hellman & Friedman and JMI Equity. Hellman & Friedman and JMI Equity had acquired Internet Brands back in 2010, paying $640M for the company. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

March Capital Partners Launches $240M Venture Fund

socalTECH

Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. READ MORE>>.

Capital 172
article thumbnail

First Round Capital Rolls Its Own Startup Exchange Fund

socalTECH

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

Capital 169
article thumbnail

How Chippmunk Hopes To Use UX To Rise Above The Coupon Crowd

socalTECH

The company recently raised a $750,000 seed round of funding. We spoke to CEO Brian Nickerson --an Internet veteran with time at Yahoo and Internet Brands--about the company and its goals. They made a number of significant acquisitions in that space, My co-founders, Sammer and Chris, worked together at Internet Brands.

article thumbnail

Rustic Canyon Sells Positions In Portfolio

socalTECH

San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., Among the firms sold by Rustic Canyon were Southern California portfolio firms Cooking.com, Internet Brands, and US Renewables Group.

article thumbnail

Interview with Dave Fink and Jonathan Neddenriep, Postie

socalTECH

We've both build marketing technology platforms in emerging digital channels, and also built direct-to-consumer brands who rely heavily on performance marketing and data-driven marketing. We were working on a portfolio of consumer Internet brands. in funding in that round, which closed about a year ago. We raised $3.5M

CTO Hire 100