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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).

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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. What's your thoughts on the local venture market?

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRP Partners. The feedback was always universal, “that was the most helpful marketing meeting I’ve every had.” This is exactly the brand that GRP Partners wants to embody.

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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

9 Ways socalTECH Can Help You With Your New Year's Resolutions. How to find a startup mentor. Acquisition of note: Nexsan Acquired For $120M, by Imation. TapIt Media acquired for $23M by Phunware. In our features section: Interview with Blair Harrison of Frequency. Southern California's Most Popular Tech Stories. Comment below!

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Meet Launchpad LA’s Graduating Startups

Tech Zulu Event

They have hired great people, have brought on great mentors, have raised money from top tier investors, and we are excited for a bunch of big announcements in the months ahead,” said Teller. Atlas Powered has raised $700k from Tech Coast Angels, Maverick Angels, Pasadena Angels, Angel Capital Entrepreneur Fund, LaunchpadLA, and Clark Landry.

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The Power of Getting the Band Back Together

Both Sides of the Table

Our founder, Yves Sisteron, was my mentor and board member at my first startup. My other partner, Steven Dietz, was on the board of my second company. Stuart Lander has joined Upfront Ventures to help us run operations. They have trust, short-hand communications, know each other’s strengths & weaknesses, etc.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). I acted as the occasional mentor, advisor and coach to Ethan. Let me not bury the lede. The company was called Red Beacon.

CTO Coach 359