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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.
Size of the funding was not announced. The company said the funding came from Deepak Chopra, the CEO and founder of OSI Systems, and Hector Sulaiman, CEO of Controles Graficos. lifescience capital venture telemedicine overseas remote consulting health physician outsourcing telehealth aligned' READ MORE>>.
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.
There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” Bimodal returns are a fallacy, many great VC funds are built on the power law curve. Outsourcing can be cheap. ” That’s b t.
Los Angeles-based CoreObjects , a provider of outsourced product development services to the venture-backed technology community, has raised $2.0M in a equity funding round, according to a regulatory filing by the firm today. Details on the funding have not yet been released by the company. READ MORE>>.
This is why I am such a big fan of General Assembly both because they’re teaching more tangible skills but also because they’re working directly with employers to fund classes as well as to onboard the more successful GA students directly. We spoke about the disruption of VC through crowd funding. I don’t believe it.
Rather than directly explaining their value proposition with all the passion and heartfelt stridency that only an entrepreneur can deliver, they outsource this communication to a Public Relations (PR) firm. Beyond PR, such roles include: Sales, Product Development, Strategic Planning and Fund Raising. Thought not. Share and Enjoy.
Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.
Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.
Irvine-based CanopyHR Solutions , a provider of outsourced payroll and human resources services, announced today that it has received a investment from Claritas Capital Fund III, L.P. Amount of the funding was not disclosed. Tags: canopyhr human resources payroll outsourcing venture capital.
The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.
Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.
My rationale is simple: everything goes wrong and only great teams can respond to competitors, markets, funding environments, staff departures, PR disasters and the like. I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. Final startup grind from msuster.
With globalization, and the rise of technology, we believed that you were going to see more and more individuals looking to outsource tasks. You''ve built quite a big business--how did you fund all of that? Bryce Maddock: We have had no outside funding until now. READ MORE>>.
TaskUs uses a workforce in the Philippines to help support outsourcing of back office tasks for many, venture-backed, high growth companies--including Tinder, Whipser, Gilt Groupe, and many others. Santa Monica-based TaskUs said today that it has raised $14M more, via a senior debt facility, to help it continue to grow the company.
I’m an investor at [Big Name, Large Fund VC] and recently came across [Your Company]. So I guess with the high volume of businesses that they had to track and the large fees they were earning from their fund sizes having exploded they were able to hire tons of 22 year olds to pound the phone for 2 years before going on to another job.
San Diego-based Scientist.com , a startup which operates a marketplace for outsourced research, has raised $24M in a funding round, the company announced Monday morning. The company's marketplace helps to connect large pharmaceuticals firms with smaller companies willing to offer up outsourcing of pharmaceutical research efforts.
Irvine-based PathCentral , a provider of pathology services and software to community pathologists, said Tuesday that it has raised $10M in a Series B funding round. The firm said the funding will go towards its web-based laboratory information systems, a field sales force, and for its cancer diagnostics laboratory.
The new hot topic for entrepreneurs the last couple of years is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. Good-cause crowd funding. Pre-order crowd funding. Rewards-based crowd funding. Ideas crowd sourcing.
Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. According to TaskUs, the funding round values the company at $500M. The investment came from private equity investor Blackstone Group. READ MORE>>.
The new hot topic for entrepreneurs these days is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. This new model will allow large numbers of “regular” people to invest small amounts each online to fund early startups.
Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. They most often really just need either a Part-Time CTO or Technology Advisor , and then some combination of hiring and/or outsourcing (on-shore or off-shore).
Whether you’re fund raising from angels, seed investors and VCs?—?as It’s like the entire industry wants to outsource its brain to the smartest person they know and then follow that person. I mention this because it’s critical that you not let the fund raising process psyche you out. as an industry we succumb to “herd mentality.”
But, I can speak personally for myself, and a lot of my entrepreneur friends and colleagues would echo--startups are a really fund, fast paced environment. There's been some fall off lately in students selecting computer science and computer engineering majors, much of this due to worries about outsourcing.
In three of the cases, the founder was finding that the software teams (1 in-house, 2 outsourced) were delivering relatively well in the short-run. And we are not even moving yet on the the next big release that I have to have to get my next round of funding. You are just setting yourself up for problems.
If you don't have a team on staff, then a banker is going to want to hear about outsourcing and advisors. When we say 'team,' that's what we want to hear about: a group of people who are working with the person who had the original idea to give this company its market advantage, including salespeople and finance people.
After you’ve received your first round of funding, that’s when your startup finance strategy needs to deepen. Here’s how to build out your finance function, post-funding: Hire a professional. Pre-funding, you may have been managing your finances yourself. Pre-funding, you may have been managing your finances yourself.
Over funding often produces bad behavior in early-stage companies. “9 women behavior&# is not restricted to just fund raising. The former was outsourced, the latter was our own team. And I hope that entrepreneurs will have the confidence to resist VCs who are pressuring them to over-fund too early.
Los Angeles-based Unitas Global (www.unitasglobal.com) recently raised a round of funding from MK Capital and Azure Capital for its vision of helping enterprises make that transition to cloud technology. Companies were saying--we want to outsource these kinds of things, because they''re not our core competency.
Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.
Los Angeles-based Credit Key , a startup which helps e-commerce merchants offer up instant point-of-sale financing to customers, has raised $33.85M in its Series A funding. The funding came from Greycroft, Bonfire Ventures, Loeb.nyc, and other investors. READ MORE>>.
which provides game development and outsourcing, is investing $3.5M UltiZen provides outsourcing and development of video games, and has its U.S. UltiZen provides outsourcing and development of video games, and has its U.S. JAIC) and CyberAgent--recently landed $6M in a Series B funding. headquarters in Los Angeles.
Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. TaskUs just raised a giant, $250M funding round from private equity investor Blackstone Group. TaskUs says it will invest $9M in a new downtown location in Albuquerque. READ MORE>>.
Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.
November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?
Agoura Hills-based inQ, a provider of outsourced web sales services, has renamed itself TouchCommerce, the firm said today. The firm has previously raised funding from Dolphin Equity, Emergence Capital Partners, Hudson Ventures, Partech International, and Vertrue. inQ did not detail reasons for the name change.
We were recently named Top 10 IT Outsourcing Advisor and Top 5 Boutique Sourcing Advisory recently. Funded B2B SaaS is looking for a VP, Engineering. RampRate Sourcing Advisors is a leading IT sourcing advisor with a proprietary index and close network of partners designed to perform fast, efficient IT services transactions.
Los Angeles-baesd Onestop Internet , which provides outsourced fulfillment and technology for brands and their e-commerce efforts, said Wednesday that it has named Denise Wallen-Grant as its new Vice President of Planning, Merchandising, and Allocation. Onestop Internet is backed by Bessemer Ventures and Fund Capital USA.
San Diego-based Scientist.com , the venture-backed, online marketplace for outsourced research, and biotech accelerator IndieBio announced this morning that the two are in a new partnership. READ MORE>>.
It's ironic that the best businesses did not spend a fortune in franchise fees, hire a huge staff, or even start with venture capital funds. Start on your own, and outsource later. Benefits outsourcing through professional employer organizations, however, is another matter. Global Human Resources Outsourcing.
So why do I see some many funding requests for products along these lines? Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. As an alternative, if you are an entrepreneur looking for the next big thing, where should you look?
We also have a cloud-baesd, billing and practice management solutions, which enables them to manage all of their internal financial processes, and we also have solutions for billing and cloud-based outsourcing of back office tasks. Dan Rodrigues: Yes, we''ve raised around $70M in venture funding to date.
Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Attract and relish investor funding. They also don’t try to do everything in-house, since growing all the expertise you need is slow and expensive.
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