socalTECH

SEPTEMBER 23, 2020

Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. Legendary says it invests in consumer, retail and technology companies, including businesses with enterprise values ranging between $1 billion and $100 billion.

SpaceX 124

SpaceX Invest Hawthorne Report 124

socalTECH

NOVEMBER 10, 2015

A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. It's unclear why Fidelity wrote down the value of its investment in the disappearing messaging service. READ MORE>>.

Snapchat 100

Snapchat Writing Invest Report 100

socalTECH

FEBRUARY 9, 2021

Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing.

Report 113

Report Equity Software Invest 113

socalTECH

JANUARY 12, 2017

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund.

Buzzfeed 100

Buzzfeed Invest Report Funding 100

socalTECH

APRIL 7, 2017

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. According to the report, there was $16.5 billion raised by venture funds in 2016.

Invest 147

Invest Venture Capital Activity Report 147

socalTECH

JANUARY 19, 2015

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google , according to reports Monday, as Google seeks to get into the space business. The investment reportedly values SpaceX at more than $10 billion. Neither SpaceX nor Google have commented on the rumors, which were first reported by The Information.

SpaceX 100

SpaceX Google Invest Report 100

socalTECH

OCTOBER 10, 2017

Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 billion invested in the third quarter in more than 1,699 companies. The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4

Venture Capital 147

Venture Capital Orange County Report Capital 147

socalTECH

JULY 26, 2019

According to the report from Bloomberg, the new funding values Boring. The funding is the first outside investment for the company. Los Angeles-based Boring Co. , the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures.

Report 113

Report High Tech Los Angeles Invest 113

socalTECH

OCTOBER 12, 2020

Los Angeles-based social application developer Triller , which competes head to head against TikTok , is seeking to reach the public markets through a SPAC (special purpose acquisition company), according to a report. Reuters cited "people familiar with the matter" for the report.

Report 113

Report Acquisition Los Angeles Sales 113

socalTECH

DECEMBER 1, 2017

A report this morning says that the Chief Designer for Los Angeles-based Faraday Future , Richard Kim, has resigned--and many employees are skipping work as the company continues to look for investment. The report, from The Verge, follows earlier, high profile executive departures at the electric car designer in November.

Design 147

Design Report Los Angeles Invest 147

socalTECH

MAY 7, 2012

Los Angeles-based content developer Machinima is on the verge of an investment deal with Google , according to a report published Monday by AllthingsD. Machinima consistently ranks among the top providers of content on Google's YouTube, and has been one of the companies spearheading YouTube's push into original content.

Google 150

Google Report Invest Content 150

socalTECH

JULY 9, 2012

Southern California's largest angel investment group, the Tech Coast Angels , looks to be one of the lead investors nationally in angel-backed companies, according to a report released Monday by the Angel Resource institute.

Tech Coast Angels 200

Tech Coast Angels Angel Invest Southern California 200

socalTECH

FEBRUARY 7, 2018

Santa Monica-based online employment marketplace ZipRecruiter has reportedly raised $50M in a Series B funding round, which values the company just shy of $1 billion, according to reports this morning. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP.

Report 145

Report Santa Monica Invest Funding 145

socalTECH

APRIL 12, 2017

billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report , issued by PricewaterhouseCoopers LLP and CB Insights. The report tallied up $926.4M Investments in LA/OC were up slightly from the $898.3M Nationally, investors invested $13.9

Venture Capital 113

Venture Capital Southern California Orange County Invest 113

Xconomy

APRIL 6, 2020

Download the report here. Content includes: Regeneron, Moderna, and J&J’s ongoing battle against COVID-19 How governments and the private sector must step up funding coronavirus R&D efforts Lessons learned from China two months on The need to rapidly ramp-up pandemic vaccine production capacity.

Report 63

Report Invest News Content 63

socalTECH

JUNE 6, 2019

According to an unconfirmed report on Wednesday, Santa Monica-based on-demand scooter rental startup Bird is in the midst of talks to acquire another, on-demand scooter company, Scoot. According to the report, Scoot was last valued at around $71M, and had raised $47M in total funding. READ MORE>>.

Report 113

Report Santa Monica Demand Competition 113

socalTECH

OCTOBER 6, 2016

A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. Disney had been reported to be looking at Twitter in September. Salesforce.com has been named as the most probably buyer for Twitter, which appears to have been running an investment banking process in its attempt to find a buyer. READ MORE>>.

Report 149

Report Burbank Invest Company 149

socalTECH

AUGUST 12, 2020

It's unclear how serious those talks are, or if--as is typical--an investment banker or executives are shopping Dubsmash. The Information cited "a person familiar with the matter".

Report 113

Report Snapchat Venice Acquisition 113

Startup Professionals Musings

DECEMBER 19, 2021

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. If necessary, create a separate white paper for other details and reports. The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. Polish the overall look and feel.

Invest 135

Invest Tips Writing Content 135

socalTECH

JANUARY 13, 2017

Venture capital investment dollars declined in Q4, to $12.7 billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor , the new report tracking venture capital investment across the U.S., According to the report, for the whole of 2016, more than $69.1 READ MORE>>.

Report 100

Report Venture Capital Invest Capital 100

Startup Professionals Musings

JULY 3, 2020

Revenue performance needs to be applied to each individual program, and also rolled up to show the overall performance per dollar invested. Return on investment for demand generation. Obviously, you are looking for demand generation programs that have a positive return on investment (ROI).

Marketing 174

Marketing Invest Demand Metrics 174

socalTECH

SEPTEMBER 9, 2014

San Diego-based Novatel Wireless reported late Monday that it has received a strategic investment from HC2 Holdings. According to publicly traded Novatel, HC2 will invest up to $23.7M in the company, with an initial cash investments of approximately $14.4M. novatel wireless wifi equipment hardware strategic investment'

Invest 138

Invest San Diego Report Develop 138

socalTECH

JUNE 27, 2019

in new funding, according to a report from CNBC Thursday, which said part, if not all, of that investment came from the Ontario Teachers' Pension Plan. Privately held SpaceX rarely announces investment details on its funding. Hawthorne-based SpaceX has raised $314.2M

SpaceX 113

SpaceX Report Funding Hawthorne 113

socalTECH

MARCH 19, 2019

West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. The report--from Axios--said the fund is now entirely focused on its accelerator, Backstage Studio, and also has been cutting staff.

West Hollywood 113

West Hollywood Capital Report Hollywood 113

socalTECH

OCTOBER 30, 2018

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report.

Design 113

Design Report Layoffs Los Angeles 113

socalTECH

OCTOBER 6, 2016

--otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. The WSJ reports that the company is looking to hit the market as early as March , in a deal which would value the company at $25 billion.

Snapchat 157

Snapchat Report Venice Invest 157

socalTECH

FEBRUARY 5, 2019

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros. READ MORE>>.

Report 127

Report Southern California Media Content 127

socalTECH

APRIL 3, 2018

A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. The report said the move is related to an effort by Saudi Arabian Crown Prince Mohammed bin Salman to help train Saudi youth to develop content for the market.

Report 113

Report Southern California Snapchat Venice 113

socalTECH

APRIL 22, 2013

Los Angeles-based AECOM Technology , which provides professional, technical, and other support services to companies, reported that it has created a new $150M investment fund. has offices in both New York City and Los Angeles, and will invest in real estate and public-private projects. READ MORE>>.

Invest 147

Invest Funding Los Angeles Report 147

socalTECH

OCTOBER 24, 2019

Santa Monica-based Fair , the subscription vehicle service lead by startup veteran Scott Painter, is laying off 40 percent of its staff, according to reports , and also is replacing its CFO. The report says that current CFO Tyler Painter, the brother of CEO Scott Painter, is being replaced by Kirk Shryoc.

Report 100

Report Santa Monica Equity Invest 100

TechCrunch LA

SEPTEMBER 7, 2022

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.

Equity 299

Equity Journal Venture Capital Los Angeles 299

L.A. Business Journal

MARCH 13, 2018

OpenX reports over $170 Million in 2017 revenue; Wpromote lands investment from Shamrock Capital; and Allison Checchi named COO of Atom Tickets.

OpenX 100

OpenX Report Invest Capital 100

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology.

Report 133

Report SaaS Los Angeles Commerce 133

L.A. Business Journal

DECEMBER 15, 2016

Fortress Investment Group of Century City is selling Santa Monica-based Revolution Studios Distribution Co. two years after it acquired the production studio for a reported $250 million.

Century City 100

Century City Invest Santa Monica Report 100

socalTECH

OCTOBER 22, 2018

CrowdStrike , the cybersecurity software developer which has major operations in Irvine, has hired an IPO banker and is eyeing an IPO before the end of the year, according to a report from Reuters. According to the report, CrowdStrike has hired Goldman Sachs to run its IPO process.

Invest 140

Invest Report Software Development Software 140

Startup Professionals Musings

JULY 29, 2020

After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools). By commission?

Tips 141

Tips Invest Offshore Startup 141

L.A. Business Journal

APRIL 26, 2017

Chris Sacca retires from startup investing, Breitbart struggles to define its media role in Trump Era, and Global Eagle CEO says fraud or misconduct not responsible for exec departures and accounting issues.

Invest 113

Invest Startup Report Media 113