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Bird Banks $100M In Series B

socalTECH

As part of the funding, Bird said it has named angel and venture investment veteran Paige Craig as its new Head of U.S. Bird currently offers up its services in Santa Monica, Venice, UCLA, Westwood, and San Diego, and is looking at a nationwide expansion with the new funding. City Operations. READ MORE>>.

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AnaptysBio Sets Estimated IPO Pricing Range

socalTECH

San Diego-based AnaptysBio , which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. as early as Thursday.

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Southern California Firms Get $587.0M In Venture Capital In Q2

socalTECH

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, when there was $868.98M in investments across 97 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M in investments across 90 deals.

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Southern California Companies Raise $2.49 Billion In VC In Q2

socalTECH

billion round for Venice based Snapchat. Other big fundings contributing to the total included a $220M funding round for San Diego biotech firm Human Longevity Inc. , $111M raised by Marina Del Rey-based Thrive Market , and $100M raised by Irvine cybersecurity sofwtare developer Cylance. READ MORE>>.

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‘Megadeals’ Dominate Q2 as VCs Invest $15.3B, and Top 10 Deals

Xconomy

Still, the amount invested marked a 12 percent drop from the $17.4 billion that venture firms invested during the same quarter last year, and there was a 22 percent decline in deals, according to MoneyTree data released today. billion invested in Venice, CA-based Snapchat. billion investments in 251 companies.

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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. Thanks for the time today. We really believe in the market.

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