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Santa Monica-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>>.
If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Venture Capital is a tricky industry. Far from it.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry.
We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. Andrew was SVP of Mobile at Fox Digital Entertainment which launched the very successful Simpsons online game (curse you for wasting tons of my kids free time!) They also had much experience before that.
Los Angeles-based Mammoth Media , a startup that says it is developing mobile-first media, has raised $13M in a Series A funding round, the company disclosed on Tuesday. said the funding was led by Greylock Partners and also included Science Inc. Greylock's Josh Elman joins the company's board as part of the funding.
Los Angeles-based Perch Mobility, a startup that is developing portable charging "pods" aimed at helping professional chargers and scooter operators to bulk-charge scooters and e-bikes, says it has scored seed funding for its efforts. The company said the funding came from Lorentzen Investments.
Los Angeles-based mobile automotive repair startup RepairSmith, led by Joel Milne, has raised $42M in a new funding round, the company announced this morning. The Series B funding came from TI Capitl, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital. Steffens of Spring Mountain Capital have both joined its board.
MiLA Capital , the venture capital firm that is behind the Make In LA hardware accelerator, says it has raised its first official venture capital fund, officially closing its first fundraise. Size of the fund was not announced. Source of the funding for the new venture capital fund was not announced. READ MORE>>.
Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. Details of that funding were not announced by the company. mPulse Mobile is led by CEO Chris Nicholson.
As you might expect from the name, Freeletics operates its mobile fitness coaching app on a freemium model, with tiered pricing beginning at $11.99 for one month or $74.99 for a year-long membership. “We want to be there for people who want a long-term athletic lifestyle,” Sobhani told TechCrunch.
Let’s help get their funding get finalized or the company sold if it’s already in play. And VCs scrambled to raise their own funds. So I encouraged entrepreneurs to think about raising their funds as quickly as they could because. Fundings boomed. Let’s review all of our existing investments. Depressing.
The company’s mobile application lets users take a photo of any bill and then its artificial intelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). has been an anomaly, with only 3% of bills being paid by a mobile device. In this respect, the U.S.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital.
We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Fund size: $100M fund.
Los Angeles-based mobile game publisher GameMine said on Tuesday it has raised $20M in a Series A funding round, and has reached "sustainable profitability", claiming it "is on track to do more than $20 million in profits before the end of 2018." The investor in that funding round was CEO Daniel Starr. READ MORE>>.
There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.
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.
Los Angeles-based Bonfire Ventures said this morning that it has officially launched with its first fund, a new $60M fund aimed at early stage startups. The fund was founded by longtime Southern California technology investors Jim Andelman and Mark Mullen, who are joined by Leah Volger, formerly of Google and Santander InnoVentures.
Santa Monica-based early stage venture fund UP.Partners launched its inaugural $230 million fund focused on mobility technology, the company announced on Oct.
Venice, California-based Robin Games , a startup that is developing mobile games aimed at women, has raised $7M in a seed funding round, the company said on Thursday. The startup, led by Jill Wilson, says it is developing "lifestyle gaming" titles, which run on such platforms as Apple's iOS and Google Android.
Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon.
I Know Everybody Told You to Send Your Fund-Raising Decks as a Link. Here’s Why You Should Just Send the Deck I know you have your document sending tool to send your fund-raising deck to VCs and track who read your deck, which pages they read and how much time they spend on each page. A deck is a deck. Just send it.
It had an influence on the people who fund our industry in a negative way as many asset managers who fund our industry read this flawed report. Now they are funding & holding. to raise “opportunity funds” to fund the prorata participation of their best early-stage investments.
Los Angeles-based SoLo Funds, a startup which operates an online crowd-lending marketplace, letting users lend and borrow funds from each other, has raised $10M in a Series A round. The funding was led by ACME Capital, and also included Impact America Fund, Techstars, Endeavor Catalyst, CEAS Investments and others.
” Struck Capital, which is currently investing out of a $55 million second fund, would not disclose the size of DiCaprio’s stake, but said that the investment is significant. In addition to his commitment to the fund, DiCaprio will be making co-investments alongside the Struck Capital team.
In fact, many people know I grew up in NorCal and still have a 650 area code on my mobile phone. Last week displayed the best of LA last week for a gala event of all of Upfront’s portfolio companies + the CEOs of many of LA’s top technology companies + 75 VC firms from LA, SF, NY & Boston + 25 LP Funds + the Chairman of Yahoo!
Los Angeles-based Papaya, a fintech startup developing a mobile bill payment application, says it has raised $50M in a Series B funding. The funding was led by Bessemer Venture Partners, and also included Sequoia Capital, Acrew Capital, 01 Advisors, Mucker Capital, Fika Ventures, F-Prime, and Sound Ventures.
in a funding, and launched a new, mobile fitness app which combines live instruction with real time sensing of motion and metrics. The fitness app developer says its software allows trainers to see users remotely through the front-facing camera of a mobile device, so that trainers can provide feedback on workouts and their form.
Los Angeles-based Steereo , which pays ridesharing drivers to stream new music to their riders, has raised a round of funding, which came from Moonshots Capital, Halogen Ventures, Moving Capital, Quake Capital, AET Fund, Beresford Partners, Fall Creek Capital, and Hawke Ventures. Financial details of the funding were not announced.
Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund.
Los Angeles-based mobile games developer Scopely announced this morning that it has raised a huge, $340M Series E funding round. Scopely said the new funding will go towards supporting its M&A strategy as well as expansion into new product categories.
” Kindbody operates a fleet of vans — mobile clinics, rather — where women receive a free blood test for the anti-Müllerian hormone (AMH), which helps assess their ovarian egg reserve but cannot conclusively determine a woman’s fertility.
Culver City-based Embrace, a new startup focused on helping companies manage the mobile data they are collecting, has raised $45M in a funding round. According to the company, the Series B funding was led by New Enterprise Associates (NEA), and also included Greycroft, AV8, and Eniac.
The fight between Los Angeles taxicab drivers and services like Lyft and Uber haas just gotten even more interesting, as mobile app developer Flywheel said it has launched in Los Angeles. angeles losangeles launch mobile rideshare ride taxi smartphone sidecar lyft uber flywheel' READ MORE>>.
Santa Monica-based venture investment firm Griffin Gaming Partners is the lead investor in Turkish mobile gaming developer Spyke, Spyke said on monday. According to Spyke, it raised $55M in its seed funding round from Griffin Gaming Partners. Griffin is led by Peter Levin, Phil Sanderson and Nick Tuosto. billion back in 2020.
Santa Barbara-based Impact , which develops software used by brands to manage partnership and affiliate programs, has launched a new product to help those companies with managing mobile linking. The company said the move will help marketers drive more revenue and higher mobile conversion rates. READ MORE>>.
A new, Santa Monica-based venture fund, UP.Partners, said on Monday afternoon that it has raised a $230M, early stage venture capital fund focused on transportation and logistics.
How are you funding this? What level of funding do you currently have? How concerned are we about design for mobile? Native mobile apps? Obviously, it's far simpler to aim for browser-based systems and basically aim your design to work okay on mobile devices with some additional effort on the part of the user.
It needs to be funded to be successful. It was a mobile app, so he ideally would find someone who had experience with mobile development or someone who could pick up a mobile framework. If you don't understand the basics about mobile technology, then read up on it. What do you do if you don't know the size?
In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. ” In terms of capitalization, no other mobile gaming studio comes close.
Los Angeles-based Geenee , a company developing mobile software that allows physical objects to trigger mobile, augmented reality (AR) experiences, has raised $7M in a seed funding round, the company said on Tuesday morning. The company said the funding was led by IDI Partners.
This funding allows us to build out new features around banking and investing that will enhance the relationship with our customers.”. Later this fall the company said it would launch a new investment feature that will encourage Stackin users to participate in the stock market.
SketchAR — this Lithuanian company is developing an AI-based mobile app for teaching drawing using augmented reality. and to raise bigger rounds of funding (like the voiceover video production toolkit, MuzeTV, and the animation studio Toonstar).
How are you funding this? What level of funding do you currently have? How concerned are we about design for mobile? Native mobile apps? Obviously, it's far simpler to aim for browser-based systems and basically aim your design to work okay on mobile devices with some additional effort on the part of the user.
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