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Burbank-based Network Optix , a startup developing video transport, management, and display technology, said this morning that it has raised $750,000 in a seedfunding. The firm said the convertible debt round came from Jor Law, Veracity, HauteSpot Networks, Kenneth Lu, and other angel investors.
Los Angeles-based MySocialNightLife.com , an online site focused on the nightclub scene, said Tuesday that it has landed a seed round of funding. The funding came from an un-named angel investor. The firm said it is providing a way for nightclub venues, to help promote their offerings in a social networking environment.
Westlake Village-based Pray.com , which develops social networking applications for religious communities, has raised $14M in a Series A funding, the company said this week. The funding was led by TPG Growth, and also included Science Inc. and Greylock Partners. READ MORE>>.
Los Angeles-based Syndio Solutions , a developer of web-based software to help companies ensure compliance with state and federal equal pay for equal work laws, has raised $650,000 in its seedfunding round, according to the company. The funding was led by Frontier Ventures. Syndio is led by CEO Robert Miller.
Los Angeles-based Villiger , a startup developing a mobile app to help parents book tutors, baby sitters, and other services, has raised a seed round of funding, the company said this week. Size of that funding round was not announced. Villiger's CEO is Walton Goggins.
Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here. We spoke with Rami Rostami and Gerard Casale , who are behind TYLT Labs, and who told us a bit about their new fund, its investment criteria, and where it sees the promise here.
Los Angeles-based weeSPIN announced late Tuesday that it has raised a seed investment round for its music-focused, social networking app. weesping social networking music mobile venture capital angel soundcloud spotify' weeSPIN''s app currenly only runs on iOS. weeSPIN''s app currenly only runs on iOS. READ MORE>>.
Camarillo-based Connexity , a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seedfunding round. The funding round came from Persistence Partners, which is also headed by Gross. Amount of the round was not announced.
Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seedfunding back in June of 2010. Bohnett is the founder of Geocities.com.
Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. In this post I set out to explain why the seed market emerged as its own category in the first place and why it’s declined as of late. ( thus the rise of “pre seed” investing).
Los Angeles-based Maverick , a new startup launching a social network for girls, has raised $2.7M in a seedfunding round, as it prepares to launch its service. READ MORE>>.
AOL co-founder and former chief executive officer Steve Case’s venture capital fund, Revolution , deploys capital to companies “outside of the hotbeds.” Today, Washington, DC-based Revolution is announcing its latest fund. Revolution began nearly 15 years ago as Steve Case’s balance sheet fund, in essence.
However, the recent surge in startup activity has attracted a lot more capital into the area, including a significant amount of capital from LA's latest fund: Karlin Ventures (www.karlinvc.com). TX Zhuo: Karlin Ventures is an early stage venture fund based in LA. I have been doing seed stage stuff for a while.
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 seedfunding for its efforts. The company said the funding came from Lorentzen Investments.
Stockr , the social networking service aimed at financial investors based in Los Angeles, has raised $1.5M in a seedfunding round, the firm said yesterday. The company said the round came from Personal Capital, The Doyle Investment Group, and Adam Townsend.
3TEN8 , a company which is developing software to help mobile network operators visualize and manage their network performance, and which was part of both LaunchpadLA and the SAM Precellerator Programs in Los Angeles, has raised $250,000 in funding. The seedfunding came from the Citrix Startup Accelerator Seed Program.
Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our SeedFunds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. We do deals in NYC, Paris, Seattle, Austin, San Francisco, London?—?but
Santa Barbara-based Curtail , a new cybersecurity startup which recently landed $3.25M in funding, said this morning that it has named two VPs. Curtail recently raised $3.25M in a seedfunding round from Tarus Capital. Curtail is developing a network traffic analysis product, aimed at software and DevOps teams.
Both Howard Lindzon and Dave Samuel are joining the firm's board as part of the funding. Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site.
Los Angeles-based Unsocial , a newly launched, location-based business networking service, said today that it has scored a seed round of funding, and launched its product. The funding came from un-named, accredited individual investors. Amount of the funding was not announced. READ MORE>>.
The free application, which curently is only available in Los Angeles, let users find nearby dinners at local restaurants, where they can then reserve a seat and prepay for dinners, getting a chance to network with others and meet new people. Grubwithus is led by Eddy Lu, and is backed by GRP Partners. READ MORE>>.
The accelerator said that it is aiming at helping entrepreneurs--particularly in the social and mobile technology space--in Los Angeles, San Diego, and Orange County with pre-seedfunding and mentoring. READ MORE>>.
in a seedfunding round, which included local high profile technology executives Ted Meisel, Gil Elbaz, Sean Moriarty, Jarl Mohn, along with Siemer Ventures. Rexter , a brand new, Pasadena startup looking to put business contact management on steroids, said today that it has raised $1.5M READ MORE>>.
Manhattan Beach-based Pod Network , which says it is developing a mobile, social media network which connects users based on their physical location, plus professional and personal interests, has raised $5M in a seedfunding. The startup, led by founder and CEO Dr.
For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. Most provide free resources to startups, including office facilities and consulting, but many provide seedfunding as well.
The group also said it is focusing on its SeedTrack program, which is specifically focused on seed stage funding and extensive mentoring. Tags: tech coast angels funding venture capital seedfund. The angel group also mentioned a web site design as part of its initiatives this year. READ MORE>>.
According to Atlanta-based Pindrop Security , it raised $1M in a seedfunding round from Andreessen Horowitz, GRA Venture Fund, New World Ventures, Sigma Partners, and Webb Investment Network, along with angels Paul Bricault, Kevin Donahue, and Ben Ling.
Venice, California-based Purple Squirrel , a new startup focused on helping people network with employees of existing companies in order to get an inside track on jobs, has raised $2.7M in a seedfunding. The funding was led by CrossCut Ventures, and also included Greycroft, Arena Ventures, Luma Launch and 500 Startups.
Voivoda says that Babajov has ties to the Band of Angels, Tech Coast Angels, Pasadena Angels, Keiretsu Forum Angel networks. Voivoda Labs--headed by Val Babajov, the former CEO of WebMessenger--said it is looking to vet around 15 startups via a pitch event later this month, to help secure investment for the winner. READ MORE>>.
in seedfunding for its service, from such angels as Aaron Batalion (LivingSocial), Ben Huh (The Cheezburger Network), Naval Ravikant (AngelList), Paige Craig, Jillian Manus, Mike Walsh, and Structure Capital, along with Double M Capital, Venture51, Expansion, and Karlin Ventures. Honk also revealed that it has raised $1.8M
Playa Vista-based VENN , which operates a streaming game network, has raised $26M in a Series A funding round, the company said on Tuesday. The funding was co-led by BITKRAFT Ventures and Nexstar Media Group, and also included Eldridge, WISE Ventures, Alumni Ventures Group, as well as the company's seed investors.
in a seedfunding round. Enplug said the investment came from Larry Keele (Oaktree Capital), Rasoul Oskouv (Juniper Networks), Bill Gross (Idealab), Hossein Eslambolchi (ATT), David Cohen (Interscope), Justin Caldbeck (Lightspeed Vnture Partners), Troy Carter, Howard Marks, DominateFund, zPark Venture, and Amidi Group.
Los Angeles-based Fliptu (www.fliptu.com), headed by Jeremy Gocke , thinks it has this figured out, by providing a central place to access a brand's content, across social networks. The firm already has seedfunding from such investors as Kelly Perdew, Sugarmaker Media, and support from talent agency ICM Partners.
Tinder participated as part of a $1.4M, seedfunding round, which also included Greylock Partners, New Enterprise Associates, and Wildcat Venture Partners. Los Angeles-based dating app developer Tinder said this morning that it has made an investment in Hey! VINA , the developer of a Tinder-like mobile app to help women find friends.
K-Swiss will introduce an esports shoe in a partnership with esports group Immortals; a new social network for girls founded by former Disney execs gets $2.7M in seedfunding; and WME expands its podcast portfolio.
Los Angeles-based venture investor Trousdale Ventures announced this morning that it has made an investment in Preamble, a startup offering up "ethical artificial intelligence" moderation to social networks. Size of the seedfunding round was not announced.
Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seedfunding round.
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.
Camarillo-based Semtech , which manufactures analog and mixed-sginal semiconductors, says the winner of the recent Startup Weekend Ventura County event, which was held in Camarillo last weekend, has been awarded $10,000 in seedfunding. READ MORE>>.
Los Angeles-based Eyellusion , which conducts "hologram music tours" that feature such deceased celebrities as Frank Zappa, Ronnie James Dio and others, has raised $2M in a seedfunding round. The funding came from Thomas Dolan, part of the family that owns Madison Square Garden and AMC Networks. READ MORE>>.
Los Angeles-based Social Rewards , which operates an online, loyalty program which rewards users for social media activity for brands, has raised $600,000 in a seedfunding round. Social Rewards was founded by Joseph Morin and Mike Uesugi.
Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. seedfunding in that firm. Moonshots led the $1.4M presidential elections in 2016.
The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. You need to say “no” faster to things you know you’re not going to fund based on fit, focus, geography, quality of concept, conflicts with portfolio.
Los Angeles-based talkshoplive, a startup which operates a livestreaming shopping network and app, has raised $3M in a seedfunding round. According to the company, the funding round came from Spero Ventures LLC. The company was foudned by brother and sister Bryan and Tina Moore.
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