socalTECH

AUGUST 27, 2014

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging social networking'

Snapchat 168

Snapchat Report Social Network Funding 168

socalTECH

APRIL 19, 2017

Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 percent, Year-over-Year. raised, from $2.8M in the prior quarter. raised, from $2.8M in the prior quarter.

Seed Funding 124

Seed Funding Funding Venice Venture Capital 124

socalTECH

JULY 15, 2016

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The boost in funding came despite a lower overall deal count, with 89 funding deals in Q2, versus 97 in Q1.

Southern California 100

Southern California Marina Del Rey Venture Capital Company 100

Both Sides of the Table

JUNE 27, 2013

I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). This month we closed our 4th fund of $200 million.

Funding 343

Funding Santa Monica Venture Capital Startup 343

socalTECH

FEBRUARY 12, 2014

The company said the new funding includes $1.25M in new capital, plus a $1M convertible note from last year. Tapiture said the new funds will go towards growth, towards international expansion, and to help build merchant partnerships. tapiture venture capital angel investment social sharing photos products style' READ MORE>>.

Seed Funding 147

Seed Funding Funding Venice Venture Capital 147

socalTECH

JANUARY 2, 2015

Venice, California-based Snapchat has raised an enormous, $485.6M funding round, according to a regulatory filing from the company on New Year''s Eve. Details on the funding have not yet been announced by the company. According to the filing, the funding came from 23 investors, and the first sale in the round was in April.

Snapchat 100

Snapchat Funding Venice Venture Capital 100

socalTECH

MARCH 9, 2015

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. Kingdom Holding Company did not reveal any other details of the possible investment. READ MORE>>.

Snapchat 100

Snapchat Funding Social Media Venice 100

socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. snapchat venture capital investment instant social messaging rumor' READ MORE>>. READ MORE>>.

Snapchat 100

Snapchat Report Venice Funding 100

socalTECH

MARCH 3, 2017

The most unusual benificiary of the huge IPO of Venice, California-based Snap Inc. this week appears to be a Silicon Valley high school, which made $24M for its investment in Snapchat. Mountain View-based St. Francis High School apparently sold 1.4 million shares of its stock as part of the IPO, out of 2.1 READ MORE>>.

Snapchat 100

Snapchat Venice Venture Capital Invest 100

socalTECH

AUGUST 14, 2013

NextSpace operates two locations in Southern California, including NextSpace @ Amplify along Venice Beach, and NextSpace Los Angeles. The investment came from a Chicago real estate and private equity investor, Lakewest, along with angels. nextspace venture capital coworking chicago coop merger acquisition' READ MORE>>.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

JULY 26, 2019

venice-based Stackin' , a startup which helps consumers start saving and making investments, has raised $4.0M in a funding round, according to a regulatory filing from the company this week. Details on the funding have not yet been announced.

Startup 113

Startup Venice Invest Funding 113

SoCal Tech Calendar

MAY 26, 2016

Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details on the round have not been announced. READ MORE>>.

Snapchat 113

Snapchat Funding Southern California Venice 113

socalTECH

JANUARY 13, 2020

Venice, California-based venture investor Fifth Wall Ventures , which invests in real estate technology, has raised nearly $3.5M in a Special Purpose Vehicle (SPV)--like as part of an investment in another company--according to a regulatory filing from the firm this morning. Fifth Wall Ventures SPV XIX, L.P.,

Venice 100

Venice Invest Technology Funding 100

socalTECH

MAY 29, 2015

Venice-based Snapchat has raised $537.6M more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. Snapchat has now raised north of $1.15‎ billion. billion raised), and much more successful SpaceX ($1.2

Snapchat 100

Snapchat Southern California Funding Venice 100

socalTECH

AUGUST 15, 2012

Venice-based Movieclips , the online movie clips site and content site founded by Zach James and Richard Raddon, said today that it has raised $18.9M in a Series C funding round, and has rebranded itself as ZEFR. The new funding round was led by U.S. John Hald of USVP joins the company's board with the funding.

Venice 178

Venice Content Venture Capital Sites 178

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. Chris Hollod: For sure.

Invest 157

Invest Startup Hollywood Echo Park 157

socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. billion in funding.

Snapchat 100

Snapchat Report Venice Invest 100

Xconomy

JULY 14, 2016

Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. billion invested in Venice, CA-based Snapchat.

Marina Del Rey 40

Marina Del Rey Invest Venture Capital San Diego 40

socalTECH

AUGUST 8, 2018

Venice-based Snap Inc. , Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M percent stake in the company. READ MORE>>.

Venice 100

Venice Snapchat .Net Invest 100

socalTECH

FEBRUARY 2, 2017

Venice, California-based Snap Inc. , the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG.

Snapchat 100

Snapchat Startup Venice Advertising 100

socalTECH

JANUARY 7, 2016

Venice-based Gem , the blockchain security and technology developer led by Micah Winkelspecht, said Wednesday that it has raised $7.1M in its Series A funding. The funding was led by Pelion Venture Partners, and also included KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures and others.

Venice 100

Venice Funding Capital Invest 100

socalTECH

SEPTEMBER 2, 2015

The announcement of the new service came in conjunction with a strategic investment from BMW, from BMW i Ventures. In fact, at least two of ZIRX's initial customers for the on-demand parking--Live Nation and Insomiac--are in the LA area.

Beverly Hills 100

Beverly Hills Santa Monica Demand Venice 100

socalTECH

DECEMBER 27, 2018

Here, we have the thoughts of Clinton Foy , General Partner and Managing Director of Crosscut Ventures (www.crosscut.vc). Venture Capital is a Long Term Game. When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

socalTECH

JUNE 25, 2015

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Tell us about your new fund?

Southern California 100

Southern California Venture Capital Startup Entrepreneur 100

socalTECH

JANUARY 7, 2019

Our most recent Demo Day in November 2018 (at Google/Venice on the main stage) was the most well-attended Demo Day in the history of Startup Boost. And, many of the presenting companies received sizable funding commitments and offers of ongoing help.

Technical Review 157

Technical Review Software Review Startup Coach 157

socalTECH

MARCH 5, 2013

To that end, Venice-based Epoxy announced this morning that it has raised $2M in a funding round, to help build out its product suite to help grow, engage, and monetize online video channels. According to Epoxy, the new funding will go to expand its engineering team and build out its products.

Bertelsmann 191

Bertelsmann Downey GRP Partners Southern California 191

Both Sides of the Table

NOVEMBER 19, 2015

I’m often asked about the differences between being at a VC and being an entrepreneur and whether I prefer one or the other. The biggest difference I cite is that Venture Capital often feels like an “individual sport” while startups are a “team sport.” And LA shifted to Santa Monica and Venice.

Rancho Palos Verdes 150

Rancho Palos Verdes Santa Monica Venture Capital Startup 150

socalTECH

FEBRUARY 22, 2011

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've created over a billion dollars in public market capital created by our investments here. Thanks for the time today. We really believe in the market.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154

Xconomy

JULY 21, 2016

Zingle, a Carlsbad, CA-based tech startup targeting the service industry and consumer-facing businesses with its messaging app technology, has raised $3 million in venture capital, according to a regulatory filing earlier this month. The company raised $1 million last year, according to a 2015 regulatory filing.

Technology 40

Technology Santa Barbara Venture Capital Venice 40

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” billion in venture capital to LA’s technology startups and 2014 will shatter that figure. It is different.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

JUNE 8, 2014

Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. Not all of these products & companies came from Silicon Valley but the overwhelming majority did.

Startup 390

Startup Venture Capital Capital Funding 390

Both Sides of the Table

JULY 13, 2013

So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.” If you want to be the marketing person or you want to be perceived as a businessperson or a VC or technical person or whatever you want to be perceived, people will always define you. Just forget it.”

Startup 337

Startup Entrepreneur Ideas Venture Capital 337

Both Sides of the Table

NOVEMBER 15, 2014

They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. A few years later they announced $150 million in a funding round at $1 billion+ valuation and are ramping up jobs to secure their market-leading position. But we still need more funds.

Company 369

Company Companies Startup Snapchat 369

Both Sides of the Table

JULY 10, 2012

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. In Massachusetts companies (and VCs) have migrated from out by Waltham to Back Bay (Boston) or Cambridge.

Technology 313

Technology Rustic Canyon Cloud Computing Beverly Hills 313

SoCal Delicious

OCTOBER 8, 2012

Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there.

Los Angeles 44

Los Angeles Software Review Technical Review Journal 44