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Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

I invested in LA-based Gogii , one of the fastest growing, most exciting mobile social networking companies you’ve never heard of and maker of a product called textPlus. I only recently invested and I only got here through persistence. The opportunity came up to invest in this one and I pounced. Sorry, moms.

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Gogii Raises $8.2M

socalTECH

Marina del Rey-based Gogii , a developer of text messaging applications, said Thursday that it has raised $8.2M in a Series B investment round. Gogii is the latest startup of Scott Lahman, Austin Murray, and Zack Norman, all previously at JAMDAT Mobile. READ MORE>>.

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When the Good Guys in Venture Change Roles

Both Sides of the Table

I’ve worked very closely with Matt over the past four years as we share an investment in a company in Los Angeles called NextPlus and we sat on a board together for years. He’s had a ton of recent successes in enterprise software investments but also has a history in doing consumer deals. He’s committed.

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Explaining FNAC: Feature, Not a Company

Both Sides of the Table

We spoke about my interest in cloud computing, digital media and mobile. I talked in specifics about a bunch of my investments including Factual , MongoLab , Maker Studios and Gogii (maker of TextPlus ). I invested in what I believe is the largest free & group texting platform in the country – TextPlus.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. is a good monthly investment? Coffin has personally invested in Machinima, Mahalo.com, Demand Media, Rubicon, Docstoc, ShoeDazzle, Deal Quad (sold to Beachmint), and many others.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. LA generally doesn’t have an appetite for this kind of ‘swing-for-the-fences’ investment at early stages – and neither does your town. Hautelook, Gogii, Magento. And of course you have Hollywood.