Tech Coast Angels Number Two In Angel Investments Report

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The Tech Coast Angels , Southern California''s largest angel investment group, is ranked number two in the nation this year in terms of the number of deals the group did, according to the latest 2012 Halo Report.

Report: Fidelity Writes Down Investment in Snapchat

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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. snapchat fidelity writedown investment write down finance messaging instant disappearing unicorn

Google Set To Invest $1 Billion Into SpaceX, Say Reports

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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.

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Report: Crosscut Ventures Launching Fourth Venture Investment Fund

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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. crosscut ventures venture capital finance investment investor

Report: Cornerstone OnDemand Hires Investment Bankers For Review

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Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. cornerstone ondemand cloud learning software merger acquisition investment banking saas goldman centerview

Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. snapchat yahoo investment venture capital valuation social networking

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Silicon Beach Report Sept. 27: WndrCo Invests $30 Million in The Infatuation Inc.

L.A. Business Journal

WndrCo invests $30 million in restaurant platform; Soon-Shiong distributes Zinc batteries to Africa and Asia; Kovacs named new LAVA president

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Venture Numbers From Dow Jones Also Show Big Investment Drop

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According to Dow Jones, it also tabulated a decline in fourth quarter investments in 2012, with companies raising $6.6 billion invested across 3,363 deals, which also represented a decline from 2011, a 15 percent drop in capital and 4 percent decline in deals.

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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. According to the report, there was $16.5 The NVCA said that is the fewest companies to receive investment since Q4 of 2011. investing investment monitor capital venture pitchbook nvca

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Tech Coast Angels Leads National Angel Investments

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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. The group, along with Silicon valley Bank and CB Insights, released the 1Q 2012 Halo Report , which summarized Q1 angel investments. halo report tech coast angels angel investment venture capital

AECOM Forms Investment Fund

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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.

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Novatel Wireless Gets Strategic Investment

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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.

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Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

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A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the Pasadena Angels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation in terms of the number of deals in 2016. The rankings were released in the Angel Resource Insitute's 2016 ARI HALO Report. halo report angel investment tech coast angels pasadena deals venture capital

Southern California Venture Investments Top $1.3 Billion In Q4

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Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. The report tallied $1.09

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Tech Coast Angels Top Angel Group Investments In First Half

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The Tech Coast Angels was the most active group in the first half of the year, in terms of investments, the group said Friday, citing a the HALO Report from Silicon Valley Bank, Angel Resource Institute and CB Insights. Those deals included investments in such firms as.

Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues

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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. backstage capital startup accelerator angeles minority venture investment diversity

Report: Los Angeles, San Diego Among Top Startup Markets

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Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. kauffman angeles diego startup activity report venture capital economy investmentThe foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors.

Google's Investment In SpaceX Round Totals $900M

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Mountain View-based Google confirmed in its quarterly earnings report this week that it was the biggest investor in the recent, $1 billion funding round for Hawthorne-based SpaceX. The investment gives Google and Fidelity combined a 10 percent ownership in SpaceX.

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Report: Venture Dollars Decline In Q4, Says NVCA

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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., The NVCA called the investment levels "fairly health" and said that it appears that venture funding is coming to a "more normal level" versus the peak in 2015. According to the report, for the whole of 2016, more than $69.1

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Fortress Investment Group Sells Revolution Studios

L.A. Business Journal

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

Crowdstrike Eyes IPO, Hires Investment Banker

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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. No other details of the IPO have yet been announced or released. CrowdStrike is led by veteran cybersecurity executive George Kurtz, and raised a big funding round in January.

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Machinima On Verge Of Investment From Google, Says Report

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Los Angeles-based content developer Machinima is on the verge of an investment deal with Google , according to a report published Monday by AllthingsD. Size and details of the funding have yet to be announced, but according to the report is expected to close within a month and be worth around $30M, valuing Machinima at around $190M post-funding. machiima google youtube venture capital rumor investment

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Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

L.A. Business Journal

Venture capital investment to L.A. region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018

Silicon Beach Report Oct. 12: Hyperloop One Becomes ‘Virgin Hyperloop One’ with Investment from Virgin Group

L.A. Business Journal

Hyperloop One becomes ‘Virgin Hyperloop One’ with investment from Virgin Group, J2 Global acquires two companies and sells three others and Movies Anywhere app launches with backing from major studios

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Report: Hyperloop One Looks For $250M More

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Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. hyperloop infrastructure transportation venture capital transport elon musk investment

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LA Startup Report 2013 | A Rising Forecast

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Be Great Partners , a Los Angeles technology incubator, has recently released a report on the startup community in LA and the information shows a positive growth for startups here in LA. Compared to Silicon Valley, LA only has only about one-tenth of VC investments.

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Tech Coast Angels Help Boost California Angel Investments

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The Tech Coast Angels , the organized Southern California angel investment group, helped boost California into the top states for angel investment deals, according to a new study released today. percent of angel investments in the state.

Silicon Beach Report Oct. 26: Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

Saudis to invest $1 billion in Virgin Galactic and Virgin Orbit, Snapchat avoids fake news with human editors, and Tinder and other dating apps vulnerable to hacking

Silicon Beach Report Sept. 26: AMC Invests $20 Million in Dreamscape Immersive

L.A. Business Journal

AMC invests $20 million in Dreamscape Immersive, Google acquires Bitium and PodcastOne employee says he was told to inflate download numbers

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Two Local Tech, Investment Executives Named In College Fraud Investigation

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Two people associated with Southern California's high tech investment and startup industry have been named as part of the far reaching investigation into a college admissions scandal , which named Hollywood actresses, CEOs, coaches at USC, UCLA, and UCSD, as well as many others.

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Report: Cleantech Investments Also Drop in Q1

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Clean technology investments were not immune from the global slowdown, showing a 69 percent drop in capital and 48 percent decline in deals in Q1, according to a recent analysis by Ernst & Young. According to the firm, clean technology firms received "markedly less" investment in Q1 2009 compared with previous quarters. The report, based on data from Dow Jones Venture Source, found that $277M was raised across 24 deals in Q1.

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Silicon Beach Report April 26: Chris Sacca Retires from Startup Investing

L.A. Business Journal

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

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Angel Group: New SEC Rules Could Kill Angel Investing

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The Angel Capital Association , a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel investment in the country."

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Report: Venture Capital Dollars In 2017 On Way To Record

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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 The report did not provide details on Orange County, San Diego, Ventura, or Santa Barbara counties.

Silicon Beach Report Dec. 30: Core Innovation Capital Raises $71.5M for Financial Tech Investments

L.A. Business Journal

million for financial tech investments, SpaceX loads Falcon 9 for launch, and DirecTV to end $35 a month streaming service Core Innovation Capital raises $71.5

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