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VideoAmp Pulls In $70M Funding Round

socalTECH

Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. The company, which develops cross-platform advertising, said it will use the funding to build out its team, as well as for acquisition.

Funding 113
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CallFire Names New Board Member

socalTECH

Santa Monica-based CallFire announced this morning that it has named Charles Hilliard , the former President and CFO of Demand Media, as a member of its board of directors. Hilliard was also formerly an investment banker. callfire board executive netzero charles hilliard demand media' READ MORE>>.

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Panjo Raises $1.6M For Marketplace Software

socalTECH

Santa Monica-based Panjo , which develops online marketplaces for automotive, sports, and hobby enthusiasts, announced it has raised $1.6M The funding also included Bertelsmann Digital Media Investments, Lerer Ventures and Mesa. in a funding round this morning, led by Spark Capital. READ MORE>>.

Software 170
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

In 2016, our Santa Monica office more than doubled market share of early-stage companies. One example is Santa Monica-based hardware company, Ring, who transitioned to a hybrid business model that now includes recurring revenue. In the interest of full disclosure, Headspace is a client of SVB Santa Monica.

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Siemer Summit: Connecting Global Digital Media & Technology Leaders

Tech Zulu Event

This month, Siemer and Associates hosted its 4th Annual invitation-only Silicon Beach Summit at Casa Del Mar and Shutters on the Beach in Santa Monica, California. The event also showcased a variety of promising startups from digital media, mobile, cloud, entertainment, advertising, and eCommerce. Hitesh Chawla, CEO.

Media 84
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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments. Liquidity and transfer of wealth.

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On Launching a Brand – Upfront Ventures Four Months In

Both Sides of the Table

Be open & transparent (mimicking the greater social order changes that have come with blogs & social media). Give direct feedback to entrepreneurs on their businesses or if we’re not investing why it’s not a fit for us. We have also hired Kyle Taylor to run platform services as his full-time job.