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On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. What is the Ventura incubator? It's about 10,000 square feet of space in downtown Ventura, in a city owned office building. We ended up selecting DFJ Frontier.
Ventura-based NetPlenish , a startup which is developing a service which will provide automated replenishment of items, combined with an automatic price comparison engine, has quietly raised funding from 500 Startups. Size of the investment was not disclosed. NetPlenish is part of the Ventura Ventures Technology Center.
A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. investment efforts. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles.
Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investmentfund, TD7, will invest in open Internet startups.
ventura-based NetPlenish , the mobile shopping service startup headed by Dave Compton , said today that it has launched with $1.9M ventura-based NetPlenish , the mobile shopping service startup headed by Dave Compton , said today that it has launched with $1.9M READ MORE>>.
A new, climate-focused investmentfund--the VertueLab Climate Impact Fund --said it launched yesterday afternoon, fueled by a donation from a couple of Los Angeles area philanthropists. The Woka Foundation was co-founded by Barbara Karplus and her husband Rob Womer, two philanthropists from Ventura County.
Ventura-based The Trade Desk , the online advertising ad exchange headed by AdECN vet Jeff Green, has added another investor to its recent funding. According to New York-based Wider Wake Networks , it invested more than a half a million dollars in The Trade Desk, as part of the firm's recent $2.5M seed investment round.
Ventura, California-based outdoor clothing company Patagonia is giving a big boost to the solar industry, saying today that it is investing over $13M to help create a new, $27M fund to purchase more than 1,000 rooftop solar power systems in Hawaii. Patagonia said that homeowners in Hawaii currently pay three times the U.S.
Los Angeles-based food brand Beanfields , a manufacturer of vegan, gluten-free, non-GMO, kosher chips, said this week that it has raised a Series B funding round. The funding was led by PowerPlant Ventures, and also included NRV and Western Technology Investment. Size of the funding was not announced. READ MORE>>.
Maverick Angels , one of the angel investment groups in the Los Angeles area, said this afternoon that the group is launching two new chapters, expanding into the Santa Barbara and South Bay area. Tags: venture capital investment angel angels maverick. READ MORE>>.
More than one attendee expressed worries about seed level startups having issues getting more funding; seeing too many "me-too" startups; and the importance of proving out viable business models.
In May, the Center co-hosted the first New Venture Ventura County, a celebration of student entrepreneurs from grade school to grad school. There were so many innovative ideas and interest in entrepreneurship among students in Ventura County! That's often the best time to invest.
A local, Ventura County biotechnology executive, Keith Leonard , has taken the helm of UNITY Biotechnology , a heavily backed San Francisco biotech startup focused on curing diseases of aging, as a result of a big $116M funding round at the company.
in fundsinvested, across 47 deals; Orange County had $158M invested across 15 deals; and San Diego had $253.5M invested across 21 deals. Among the bigger deals were an investment in smart doorbell company Ring, with a $61.2M funding round, and $60M in Ventura-based advertising technology developer TradeDesk.
in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. in funding in Q3, down from the much larger, $2.5 billion in funding received in the region in Q2. Q2 fundings in Southern California were much higher, due to a giant $1.27 READ MORE>>.
Ventura-based outdoor apparel company Patagonia has partnered with a startup developing a high performance, synthetic silk fabric, made out of natural proteins. The investment round came from Nan Fung, Innovation Endeavors, Alafi Capital, East West Capital, Foundation Capital and Founders Fund. READ MORE>>.
in a Series C funding. more in a Series C funding, in a funding led by ACE Group, and also including RRE Ventures, Blumberg Capital, Core Innovation Capital, Route 66 Ventures and American Family Ventures. The company now reportedly has a valuation of over $103M.
Last week, Ventura-based The Trade Desk (www.thetradedesk.com) announced a $2.5M funding round. What's the story behind the funding? What's the story behind the funding? He left to start his own firm, which only invests in data-based companies, who are all focused on accumulation and use of data.
How are you funded? Jon Grishpul: We've been around for the last year, and we've been completely self funded. We only operate in Los Angeles County and parts of Ventura County, and from here, we're going to gradually build our network across other areas around Los Angeles as we expand.
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The latest evidence of the city’s dynamic startup ecosystem is the recent announcement by Citrix to investment significant resources in the Santa Barbara Innovator’s Program. Many of these individuals become restless in their youthful “retirement” and begin investing and advising young companies. From Lynda.com ’s recent $1.5
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