With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

TechCrunch LA

CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997.

Casa Verde Capital Raises $45M Investment Fund

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West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The venture capital firm--whose founders include Calvin Broadus (aka Snoop Dogg)--said it will specifically invest in agtech, health & wellness, financial services, technology, media, compliance and laboratory technology related to the legal cannabis industry.

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Cred Launches Micro-Investing App For Cryptocurrency

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said this morning that it has launched a new mobile app to help consumer invest and learn about cryptocurrency. The startup, led by Brendon McQueen, says its mobile app let users invest in cryptocurrency like Bitcoin, Ethereum, and others for as little as $10--and even lets users purchase cryptocurrency with the change they have from their everyday purchases. The "micro-investing" part of the app rounds everyday purchases--for example, rounding up a $3.55

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Bonfire Ventures closes $60 million to invest in SoCal B2B startups

TechCrunch LA

Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.

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Trace3 Gets Strategic Investment

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Irvine-based Trace3 , an IT solutions provider which focuses on medium- and large- enterprise clients, has scored a strategic investment from H.I.G Size of the investment round was not announced. trace3 strategic investment venture capital consultingCapital, H.I.G. said on Thursday morning. Trace3 was founded in 2002, and has around 250 engineers providing IT consulting services. Trace3 founder Hayes Drumright will continue to serve on the company's board, according to H.I.G.

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Meg Whitman Invests in Immortals; Joins Board

L.A. Business Journal

Westwood-based Immortals, an e-sports competition league with worldwide reach, announced today an investment from Meg Whitman, who also joined the company’s board of directors

Pasadena Angels invest over $1M in iKizmet

Ask the Angels

Pasadena, California (September 22, 2016) – The Pasadena Angels (PA) today announced the second investment from their PA Fund 1 (The Fund). The Fund invested an additional $75K in iKizmet, a business intelligence platform specifically created for small businesses operating fitness, wellness studios, and gyms. The Fund was formed in May of this year with a total investment of $1.3 Members have invested over $65 million in over 175 companies.

Toba Capital Leads Investment In Skupos

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Toba Capital , the investment firm founded by former Quest Software founder Vinny Smith, is the lead investor in a $6.4M, Series A funding for San Francisco-based Skupos. Toba Capital's investment in Skupos was led by Patrick Mathieson. Skupos said its Series A was led by Toba Capital, and also included Dynamo Fund, Loup Ventures, and other existing investors. Skupos is developing analytics software for the convenience store industry.

Moonshots Capital Ramps Investment Pace With Lead On Two Investments

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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. The two investments, both announced in January, were cyber-defense firm Threatcare , and bot detection developer New Knowledge. Moonshots also led the investment in New Knowledge. moonshots capital kelly perdew cybersecurity security venture investment

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Crypto Invest Summit

SoCal Tech Calendar

Wednesday, May 2, 2018 --.

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Crypto Invest Summit

SoCal Tech Calendar

Tuesday, May 1, 2018 --.

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Crypto Invest Summit

SoCal Tech Calendar

Monday, April 30, 2018 --.

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Bonfire Ventures closes $60 million to invest in SoCal B2B startups

TechCrunch LA

Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.

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Pasadena Angels Invest Over $4M in 2014

Ask the Angels

Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. April 6, 2015 — Pasadena Angels (PA) today announced that the group has invested a total of $4,163,000 in 17 deals during the year of 2014, making it the third consecutive year with over $4 million invested in deals. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies.

NVCA: Venture Investments Drop In Q1

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Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. The NVCA said that is the fewest companies to receive investment since Q4 of 2011. Despite the investment slowdown, the NVCA said that venture firms have "plenty of cash to deploy" to startup across the United States, with $7.9

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How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

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CalAmp Invests In ThinxNet

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Irvine-based CalAmp has made an minority investment in German connected car company ThinxNext GmbH , the two said this week. Financial details of the investment were not announced. The two said that CalAmp has been providing telematics devices for ThinxNet's solutions since 2015. According to CalAmp, ThinxNet's automotive Internet-of-Things applications enables smartphone-based fuel payments in Germany. READ MORE>>.

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Wavemaker Three-Sixty Targets Healthcare Investments

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Pasadena-based Wavemaker Three-Sixty Health , a new, venture capital fund led by John Nackel and Jay Goss, said this week that it has launched a new fund focused on seed stage and Series A healthcare investments. nackel john goss investment capital venture health healthcare sixty three wavemaker

Wpromote Gets Investment From Shamrock Capital

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Los Angeles-based digital marketing agency Wpromote has received a private equity investment from Shamrock Capital , the two announced today--the first ever outside investment received by Wpromote, ever. Financial terms of the investment were not announced. marketing agency digital private acquisition merger investment venture capital shamrock wpromote

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Swell Launches Social Impact Investing Platform

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Newport Beach-based Swell , a new fintech startup, said on Tuesday that it has launched a new online platform which lets consumers invest in specific portfolios focused on social impact. Swell said it lets users invest as little as $500 into such themed investments in the areas of green technology, renewable energy, zero waste, clean water, healthy living, and disease eradication. swell social impact investing financial fintech investment

Maco.la Targets Blockchain With New Investment Fund

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Management , a new investment fund, said it its targeting the blockchain market, with a new $6M fund. The new investment fund is led by Mark Strome. According to Maco.la, it is looking to invest in enterprises seeking to optimize and accelerate their business with the use of blockchain technology. macola blockchain investment fund venture capitalLos Angeles-based Maco.la

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Wavemaker Genesis Aims At Blockchain, Crypto Investments With New Fund

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Pacific Palisades-based Wavemaker Genesis , a new, venture capital investment fund aimed at Blockchain and cryptocurrency investments, has quietly been making the round of limited partners, according to a regulatory filing by the fund. Alon Goren, founder of the Crypto Invest Summit, is a Principal at the firm, with Jennifer Anderson serving as COO and Lee Borsai as Partner in Wavemaker Genesis Labs.

Akatsuki Lauches $50M Entertainment Investment Fund

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Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki.

Investment Fund Vision Esports Raises $38 Million

L.A. Business Journal

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth

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Newegg Gets Investment From Hangzhao Liaison Interactive

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Los Angeles-based online technology retailer Newegg announced late Thursday that it has received a "significant" investment from Chinese company Hangzhao Liaison Interactive Information Technology Co., Size of the investment was not announced. newegg hangzhao liaison interactive china international venture capital strategic investment

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ImmunoCellular Therapeutics Seeks Buyer, Hires Investment Banker

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Los Angeles-based biotechnology developer ImmunoCellular Therapeutics said this morning that it has launched a "review of strategic alternatives", and has hired an investment banking firm, Ladenburg Thalmann & Co. immunocellular therapeutics investment banker banking biotech lifescience merger acquisition imuc cancer treatment stem cells

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Brentwood Associates Invests In Credentials Solutions

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Los Angeles-based private equity investor Brentwood Associates announced this morning that it has made an investment in Credentials Solutions , a provider of software-enabled transcript, verification and parking services to the higher education market. Size of the investment was not announced. software parking investment equity private capital venture solutions credentials

SocalTech interviews Terry Kay on Angel Investing

Ask the Angels

Kuo from SocalTech.com recently interviewed Terry Kay about his new role as chairman of the Pasadena Angels, angel investing, and the role of angels in today’s entrepreneurial environment. Benjamin F.

Watertower Ventures Raises $5M Investment Fund

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Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. Norton said the fund will invest $100,000 to $500,000 in startups, and will invest in what it calls "first insitutional capital" fundings, right after friends and family investments.

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Pasadena Angels Fund 1 Invests in Repurpose

Ask the Angels

Pasadena, California (February 23, 2017) – The Pasadena Angels (PA) today announced the fourth investment from their PA Fund 1 (The Fund). The Fund invested an additional $100K in Repurpose, a Los Angeles based consumer products company that makes plant based, 100% compostable tableware products. The Pasadena Angels have previously invested $750K in Repurpose. The Pasadena Angels’ 100 plus members invest individually and directly.

Chris Sacca Retires from Startup Investing

L.A. Business Journal

Prominent seed-stage startup investor Chris Sacca announced in a blog post titled “Hanging up my spurs” on Wednesday that he has retired from venture capital investing

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Michelson 20MM Invests In AdmitHub

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Michelson and his wife, Alya Michelson, said it has made an investment in Boston-based AdmitHub. Financial terms of the investment were not announced. The Michelson 20MM Foundation said it invests in leading edge entrepreneurs, technologies, and initiatives with the potential to improve postsecondary access, affordability, and efficacy. Los Angeles-based Michelson 20MM Foundation , a private foundation created by spinal surgeon Dr. Gary K.

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