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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

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). Upfront Ventures. Greycroft Ventures. Fund size: $230M fund. Okapi Ventures.

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mPulse Mobile Acquires HealthCrowd, Finds New Funding

socalTECH

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.

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Bonfire Ventures Launches $60M Venture Capital Fund

socalTECH

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. READ MORE>>.

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Venture Capital is About Human Capital

Both Sides of the Table

Gregg Johnson, CEO of Invoca For the first 5 years or so after I became a VC I didn’t talk much about what I thought a VC should be excellent at since frankly I wasn’t sure. It’s easy to think the role of a VC is to have strong opinions about markets, trends, tech dynamics and so forth. The role of VC is sparring partner.

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UP.Partners Raises $230M Transportation Venture Fund

socalTECH

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.

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6 New Venture Funding Realities To Guide Your Efforts

Startup Professionals Musings

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according to a classic Crunchbase article. Mobile and web software apps may cost even less.

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Bonfire Ventures Launches New Venture Capital Firm

socalTECH

A new, Los Angeles-based venture capital firm, Bonfire Ventures --founded by venture veterans Jim Andelman and Mark Mullen, and assisted by Leah Volger--has made its first public announcement of an investment, after stealthily making investments in the region over the last few months. READ MORE>>.