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All this week, we are sharing the opinions of some of the top influencers in Southern California's hightech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. Stay tuned.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. Today, we're featuring Marc Averitt , co-founder and Managing Director of Okapi VentureCapital. What was the biggest news for you/your firm this year?
Help us keep delivering you the news and information you need to grow your business and keep on top of Southern California's technology industry, by becoming a member of socalTECH.com. Without our members, we wouldn't be here, and wouldn't be able to support Southern California's technology industry. Not yet a member?
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura VenturesTechnology Center (www.v2tc.com), targeted at hightech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. We ended up selecting DFJ Frontier.
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. The fund was founded by longtime Southern California technology investors Jim Andelman and Mark Mullen, who are joined by Leah Volger, formerly of Google and Santander InnoVentures.
Two major orange county technology advocacy and business groups, OCTANe and the Orange County Venture Group (OCVG) said today that they have merged their organizations. Both groups have regularly run events geared toward the hightech market in Orange County.
Dear readers: Like keeping up to date on Southern California's latest venture funding, hightech deals, and more? People tell us our job listings are by far the most effective way to reach hightech executives in Southern California. Looking to better track your clients, customers, partners, and local companies?
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. Here, we have Greg Martin, Founder and Managing Partner of Archer VentureCapital (www.archervc.com). What are you most looking forward to in the technology/startup world in 2021?
The new funding was led by Institutional Venture Partners, and also included GSV Capital, Rethink Education, Maveron, and Western Technology Investment. general assembly angeles venturecapital learning digital school technology' READ MORE>>. IVP''s Todd Chaffee joins the company''s board. READ MORE>>.
Los Angeles-based Mustard, which develops technology which uses artificial intelligence and computer vision to evaluate an athlete's mechanics and to help with coaching, has raised $3.75M in a seed funding, the company said this morning. The company has now raised $6M in total. Mustard is led by CEO Rocky Collis.
Watertower has been involved in a number of high visibility exits and fundings in recent months, including Riot Games (rumored to be $400M+), Machinima, and ExtendMedia. Norton spent some time talking about his vision of where LA's future in hightech lies. Derek Norton: Technology is a commodity.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. In your opinion, what events, companies, or people made the biggest impact on the technology world this year? Instagram, Pinterest, the Facebook IPO and Elon Musk.
Last week, we announced our end-of-the-year project, which was to collect and share the opinions of some of the top influencers in Southern California's hightech community. Our first answers come from David Cremin , Managing Director of venturecapital firm DFJ Frontier (www.dfjfrontier.com). READ MORE>>.
Get the scoop on Southern California's technology firms, investors, jobs, and more by becoming a member of socalTECH.com. per month, and gives you access to our complete database of hightech companies in Southern California, investors who invest in Southern California firms, service providers, and much more.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. The most significant news for GRP Partners in 2012 was the first close of our 4th venture fund. What are the technologies, companies, or things we ought to watch in 2013?
Wilson is a longtime Southern California technology veteran, having served as an executive at such companies as Overture Services, Yahoo!, Momentum Ventures, and other local startups. Wilson is also well known for starting Innovate Pasadena, the local nonprofit which helps focus on Pasadena's hightech ecosystem.
Technology veterans Tareq Risheq and Mark Thacker are no strangers to the world of hightech startups and angel and venturecapital--Risheq was formerly CEO of Celllynx, Thacker was co-founder at Datallegro--but the way they're funding their newest startup is unusual, and a testament to the growing popularity of crowdfunding.
USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles. The startup accelerator is behind headed by Ashish Soni. Last a pilot middle school at the L.A.
For 1991 I was very technical and also had a lot of practical business implementation experience in technology. I wanted to do business projects and I got in touch with a guy from the strategy consulting practice in the telecoms & high-tech practice in London. You’re a tech guy. My starting salary was $27,000.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. They estimate that high-tech work contributes $108.3 Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.
Todd is now Chief Operating Officer of Marmol Radziner (www.marmol-radziner.com), an architecture and construction company, which recently installed a eco-friendly mobile home park project in Santa Monica which was focused on applying clean and eco-friendly technologies to the pre-fab building market. For me, it was a couple of things.
Clearly, 2009 was not a good year, from the perspective of the technology innovation ecosystem. Technology and innovation has historically been the thing that has pulled the economy out of recessions, and I think that is especially true right now. For OCTANe to be successful, we want to see our technology ecosystem grow.
One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. socalTECH.com has mined its proprietary database of hightech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region.
My original thinking from Oct ’09 was, while I didn’t (and still don’t) have a crystal ball I worried that: consumers were over-stretched with debt (and make up 77% of the economy), unemployment would continue to rise, which in turn would drive the stock market south and cut the rate of M&A activity and VC investment even further.
All this week, we are sharing the opinions of some of the top influencers in Southern California's hightech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. 1) Mobile web.
San Diego-based Avalon Ventures , a venturecapital firm focused on early stage hightech, digital media, and life sciences firms, said today that it has closed on $200M in capital commitments for its latest fund. The firm said the fund was 33 percent oversubscribed from its original target of $150M.
technology industry possible: Sponsors. Binary Pulse Technology Marketing (www.binarypulse.com). We Create Demand for California's Technology Companies. Clearstone Ventures (www.clearstone.com). Venturecapital for innovators. Need office or Tech Space? Need office or Tech Space? Technology.
Dear readers: do you find our news coverage on Southern California's hightech companies, startups, and technology developments useful? Join, and not only do you support our daily news coverage, but you get access to our giant database of hightech companies, information on venturecapital investors, and much more.
For the next couple of weeks, we are sharing the opinions of some of the top influencers in Southern California's hightech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks.
California's technology industry possible. Looking to reach Southern California's hightech executives and. socalTECH.com offers up continuous coverage of Southern California's growing high. tech economy, with interview with the movers and shakers in the industry, coverage of. Venturecapital for innovators.
A new, $20M venturecapital fund, TAU Ventures , based out of Tel Aviv, Israel, and Tel Aviv University (TAU), says it is specifically looking to link with the Los Angeles technology community--thanks to its link with Los Angeles investor Behzad Kianmahd--co-founder of Cross Campus. READ MORE>>.
A list issued Thursday by Twitter analytics firm PeekAnalytics identifies the top, influential hightech investors based on their key Twitter metrics, and--perhaps unsurprisingly--only a small number of local investors show up on the list.
Two weeks after Brad’s post I was at the 140 Conference in LA and I held open office hours for any entrepreneur who wanted to spend 15 minutes talking with a VC about their business. In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side.
Ben has invested the past 10 years in tracking the Southern California Technology market, maintaining a deep database of technology firms and publishing realtime news about local hightech companies through his website, socalTECH.com.
the investment banking firm which got its start in Los Angeles focusing on hightech companies--and as a onetime venturecapital investor--has exited the investment banking and advisory business, the firm said today. The company has been well known in recent years for its technology conferences in Santa Monica.
OCTANe , the Orange County-based organization helping to bolster the hightech industry and entrepreneurs, reported this morning that in the first half of 2012, companies participating in its startup accelerator have raised a total of $26.8M in funding.
Maybe at the time I was thinking I had to get tougher with my investment decisions; I hadn't made any money investing in high-tech startups, how could I invest in a company focused on society's transportation challenges with an emphasis on bicycles, of all things?
A quick message on a very busy funding day, to thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Redpoint Ventures (www.redpoint.com). Backing Southern California's next great technology companies. Binary Pulse Technology Marketing (www.binarypulse.com).
San Diego-based National Resilience, a new manufacturing and technology company focused on making sure countries can manufacture their own vaccines and other threapeutics, says it has received $163.8M National Resilience has raised more than $800M in venturecapital funding, with funding from ARCH Venture Partners, 8VC, GV, and NEA.
If you’re not familiar with the term it’s basically trying to help all of us who are deluged with technology to find ways to cope with the masses of information without having it ruin our lives. We were hightech at the very start of the boom. Let me start by saying I’m a huge business book cynic.
I ended up doing consulting work for hightech companies in the San Francisco Bay Area in the software messaging area, and then came back to Los Angeles doing corporate sales for 3M, of all things. We're also self funded, and absolutely have no need for venturecapital.
It is no secret that the world of venturecapital (VCs) was turned upside down by the recent Recession, and many other changes in the marketplace. I see now emerging a new wave of investors, popularly known as “super-Angels,” micro-VCs, or “super-seed” investors. Many old-line VC firms have grown too big and unwieldy.
We went out on the Android and Blackberry, and as we were going out to market, we realized that we could use that consumer launch as a proving ground for our technology, and leverage that to the B2B market. When I joined the company, I found an amazing technology platform and analytics capability.
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