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We received so much positive feedback from our This Week in VentureCapital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about. In fact, far better if you haven’t raised venturecapital.
Southern California companies raised $739M in venturecapital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National VentureCapital Association (NVCA) based on data from Thomson Reuters. in funding, and San Diego $198.18M in investments. raised for the quarter.
MyTime , which operates an online service focused on online deals for appointment-focused businesses like chiropractors, personal trainers, housekeeping, and more, has raised a round of funding to expand its service beyond Los Angeles. GRP's Mark Suster said the round was worth $3M, with GRP putting up most of the funds.
The investment by Kleiner Perkins Caufield & Byers and Institutional Venture Partners into legal documents firm LegalZoom was worth $66M, according to a report today. LegalZoom, which is headed by Brian Lee, announced the investment from KPCB and IVP in April, but had not announced the amount of funding.
In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant , the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venturecapitalfund, to invest in technology, media, and data companies. READ MORE>>.
Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venturecapital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. Funding is different outside of Silicon Valley. Let me use LA as an example.
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.
Two, Southern California investors are part of a new funding round today for EAT Club , a startup which automatically delivers lunch to professionals' desks every day based on their preferences. EAT Club is based in the Bay Area, where it currently offers its services. READ MORE>>.
Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion. READ MORE>>.
New York-based online subscription flower delivery service H.Bloom , whose backers include Los Angeles entrepreneur Brian Lee , who founded ShoeDazzle and LegalZoom, has scored another round of funding, the firm said Thursday.
Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by VentureCapital return profiles, would sometimes like to attach to the word. Elect 1-2 representatives and even invite a local VC to invest personally and sit on the investment committee or be an advisor.
The funding was led by Azure Capital Partners, and also included KEC Ventures, Quest Venture Partners, SG-VC, and Siemer Ventures. As part of the funding, Paul Ferris, General Partner at Azure Capital Partners, join''s the company''s board. READ MORE>>.
BAM Ventures , the venturecapital investment firm founded by serial entrepreneur Brian Lee, is looking to raised $50M in a third venturecapitalfund, BAM Ventures III, L.P. BAM's prior fund, BAM Ventures II, was $20M, with the first fund, BAM Ventures I, worth $6M.
The startup says it is backed by angels, including Kris Gutta, Rashesh Patel, Venkat Ketineni and Brian Liu, Chairman and Cofounder of LegalZoom. dubb marketplace mobile creative professionals market venturecapital angel legalzoom' READ MORE>>.
I am taking the lead from GRP and we also invested alongside a number of friends including Dave McClure, Dave Tisch, Ben Smith (Merchant Circle), Brian Lee (ShoeDazzle, LegalZoom), Jason Calacanis, Evan Rifkin, Jennifer Lum, Jay Weintraub and a whole host of other angels. So I asked Ethan to build his product first and then we would fund.
That would be appear to be Gumhouse , which just raised $6M in a funding round, from such venture firms as Polaris Ventures, Science Inc. Gumhouse reported its funding via a regulatory filing, but has not yet detailed what the firm is up to otherwise. and others. Peter Pham (also of Science Inc.),
Earlier today, we talked with Greg Martin at Archer VentureCapital. Below, we collect the thoughts of Jim Andelman , a venture capitalist at Rincon Venture Partners. If Legalzoom goes public and Shoedazzle continues on its impressive trajectory, Brian Lee certainly deserves a nod. 2010 was very good to us.
Last week's $40M funding by Andreessen Horowitz of Los Angeles-based ShoeDazzle , the monthly fashion, shoe and pursue startup headed by LegalZoom founder Brian Lee, was driven by parallels to a 1920's startup--the Book of the Month Club.
in a funding round, to go towards the startup's online dispute resolution services. According to the company, the funding came from Fika Ventures, Crosslink Capital and Greycroft. Los Angeles-based FairClaims has raised $1.8M
Lee , who has been behind such companies as LegalZoom, H. cotopaxi outdoor gear venturecapital ecommerce social benefit questival' Los Angeles-based angel investor Brian S. Bloom, and The Honest Company, is one of the angel investors in a new outdoor gear and apparel startup, Cotopaxi. READ MORE>>.
in a funding round, to expand the company's locations and markets. The funding was led by Fuel Capital and also included Mars PetCare, Muse Capital, Animal Capital, Gaingels, The Helm and CEO dog care startup, Wag. Los Angeles-based dog care startup Dogdrop has raised $2.9M Dogdrop launched out of the Science Inc.
in a funding round, according to a regulatory filing. The funding came from Index Ventures, Lightspeed Venture Partners, and others. and tech veteran Brian Lee (LegalZoom, Honest Co., Santa Monica-based Hollar , a startup which offers up a wide range of low cost, bargain priced gifts, has raised $17.5M
The funding came from private equity investor Franciso Partners. City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. NZXT's custom gaming PCs start at $799, but can be customized and can cost more than $3800.
Shoedazzle and LegalZoom; and Patel, whose deep background in enterprise software comes from years spent as a co-founder and executive of Isilon Systems and later at EMC, are “longtime friends of the firm” according to an interview with both Sequeira and Vassallo. million round.
Los Angeles-based SocialAnnex , a startup helping online retailers to use social media to spur sales, has scored a round of funding from a who's who of Southern California technology angels, the firm said Tuesday. As part of the funding, the firm said that Pourzanjani has joined the company's advisory board. READ MORE>>.
“Kobe was loved in Los Angeles,” wrote Mark Suster , managing partner of the Los Angeles-based venturecapital firm Upfront Ventures , in a private message to TechCrunch. billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.
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