socalTECH

MARCH 5, 2019

Santa Monica-based Preccelerator , the early-stage, startup accelerator associated with Stubbs Alderton & Markiles, LLP, says it has opened up applications for its next class. Deadlines for applications are March 20th.

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Class Startup Santa Monica SoCalTech 133

socalTECH

AUGUST 21, 2019

Santa Monica-based Tala , the fintech startup led by CEO Shivani Siroya, has raised $110M more in a Series D funding round, the company said this morning. The funding was led by RPS Ventures, and also included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, and PayPal.

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Funding Santa Monica Venture Capital Mobile 113

Both Sides of the Table

JUNE 18, 2010

To see the video of This Week in VC click on this link. What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures).

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Venture Capital Google Web Sites 225

socalTECH

AUGUST 27, 2019

Santa Monica-based Fair , which operates a vehicle subscription service that lets users subscribe to gain access to cars without the restrictions of a traditional lease, has raised $100M in a combined debt facility and equity investment, the company said this morning. The debt facility was provided by Ally Financial.

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Equity Invest Santa Monica Tool 100

socalTECH

JULY 16, 2014

Santa Monica-based Siemer Ventures said Wednesday that the venture capital fund has launched a new, $45M third fund, and rebranded itself as Wavemaker Partners. According to Wavemaker Partners, the new fund will be focused on mobile services, Internet, and software. READ MORE>>.

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Santa Monica Venture Capital Invest Mobile 168

socalTECH

AUGUST 2, 2017

Santa Monica-based March Capital Partners , along with another local investor, Crosscut Ventures , have both made investments in a new Techstars company, Branch Messenger , Branch announced this morning. March Capital's Jim Armstrong and CrossCut's Brett Brewer were both involved in the investment deal.

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Capital Invest Santa Monica Los Angeles 113

socalTECH

JUNE 9, 2014

Santa Monica-based Washio , which operates a smartphone driven, laundry and dry cleaning pickup and delivery service, said today that it has raised $10.5M The funding came from Canaan Partners, and also included A Grade Investments, Pejman Mar Ventures, Sherpa Ventures, and Jerry Yang (Yahoo). READ MORE>>.

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Santa Monica Seed Funding Yahoo Venture Capital 193

socalTECH

MAY 7, 2010

A new analysis of Q1, 2010 venture capital investments finds that two Southern California companies drove a 490 percent increase in Clean Technology Industrial Products & Services for the quarter. Clean technology investments totaled $733.3M

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Southern California Invest Santa Monica Venture Capital 167

Both Sides of the Table

APRIL 10, 2016

My partner Greg Bettinelli (worth following on Twitter) was recently named by The LA Business Journal as the “ Top deal maker in Los Angeles in Venture Capital.” Build out our junior staff including pulling through some younger professionals into the investment ranks. Invest more heavily in platform services.

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Venture Capital Journal Invest Santa Monica 150

socalTECH

DECEMBER 9, 2009

Jason Calacanis , the high profile founder of Santa Monica-based Mahalo , is one of the angel investors in a mobile social networking service, Gowalla , the company said today. Tags: jason calacanis angel investment venture capital social networking gowalla. Series B funding for the firm.

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Social Network Networking Mobile Mahalo 145

socalTECH

OCTOBER 2, 2012

Angel investor Jason Calacanis has made another angel investment and scored another board seat this morning -- this time, all the way out in Manchester, New Hampshire. The investment came as part of a $38M, Series A fund which has been led by North Bridge, as well as Borealis Ventures.

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Invest Mahalo Santa Monica Email 145

socalTECH

SEPTEMBER 22, 2010

Santa Monica-based Tecca said today that it has launched a new, personal electronics shopping and information service with the backing of Best Buy Co. and Fuse Capital. Tecca's chairman is Ross Levinsohn, and the firm is headed by Mickie Rosen, who also is a partner at Fuse Capital. READ MORE>>.

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Services Santa Monica Google Incubator 188

socalTECH

JULY 16, 2014

Santa Monica-based Siemer Ventures said Wednesday that the venture capital fund has launched a new, $45M third fund, and rebranded itself as Wavemaker Partners. According to Wavemaker Partners, the new fund will be focused on mobile services, Internet, and software. READ MORE>>.

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Santa Monica Funding Venture Capital Invest 100

socalTECH

JANUARY 10, 2013

Santa Monica-based Beats Electronics , the headphone and audio equipment maker co-founded by Dr. Dre and Interscope Geffen's Jimmy Iovine, has snagged high profile CEO Ian Rogers away from Topspin Media. Beats said today that it has named Ian Rogers as CEO of a new music service it calls project "Daisy".

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Services Santa Monica Yahoo Media 164

socalTECH

DECEMBER 23, 2019

Today, we share the thoughts of Aaron Fyke , the founder and Managing Director of Thin Line Capital (www.thinlinecapital.com), a venture capital firm in the energy and sustainability space. With support from prior backers of mine, Thin Line Capital was launched. What was the biggest news for you/your company this year?

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Artificial Inteligence Capital Venture Capital Southern California 100

socalTECH

MAY 16, 2014

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others.

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Truecar Pricing Arcturus Anthem 147

socalTECH

APRIL 8, 2014

There seems to a perpetual shortage of local venture capital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here.

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Seed Funding Santa Monica Funding Startup 220

socalTECH

JULY 18, 2013

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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Content Steamboat Ventures Santa Monica Venture Capital 150

Both Sides of the Table

NOVEMBER 11, 2013

Nearly four months ago we rebranded at Upfront Ventures. You can watch the video above for a very brief overview of why we rebranded and where we see our place in the VC ecosystem along with what has changed in our industry. Relaunching our brand is part of our larger initiative to build a VC firm of the future.

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Venture Capital Startup Blogging Platform 324

socalTECH

JULY 7, 2020

Santa Monica-based Grow Credit , a fintech startup which provides small dollar loans and helps consumers establish their credit record through paying for online subscriptions, says it has added a new investor, Commerce Ventures. Size of the investment was not announced. READ MORE>>.

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Santa Monica Netflix Seed Funding Commerce 113

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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Santa Monica Funding Startup Course 256

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M.

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Outsource Santa Monica Social Media Commerce 100

socalTECH

JUNE 27, 2013

Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. As you probably know, two thirds of our investments go into Los Angeles. Tell us about the new fund? Mark Suster: It''s a $200M fund.

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Funding Venture Capital Los Angeles Social Media 196

socalTECH

OCTOBER 8, 2020

Santa Monica-based TigerConnect , which provides collaboration and communications tools for the hhealthcare industry, says it has raised $45M more in a Series D funding round, as it has seen surging demand due to the pandemic. The company says the new funding will go towards further investment into its platform to meet surging demand.

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Santa Monica Demand Tool Platform 113

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. Chris Hollod: For sure.

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Invest Startup Hollywood Echo Park 157

socalTECH

OCTOBER 3, 2019

Santa Monica-based scooter startup Bird has gone back to the well once more, and has raised a big, $275M Series D funding round, the company said on Thursday. Bird said the round was led by CDPQ and Sequoia Capital, and gives the company a $2.5 billion pre-money valuation. READ MORE>>.

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Funding Santa Monica Demand Capital 100

TechCrunch LA

MARCH 9, 2016

Santa Monica-based Mucker Capital has raised $45 million for its third fund, Mucker III. The Silicon Beach firm said that it will continue to invest in software and services startups and continue to focus on the greater Los Angeles area. “We are founders, just like the… Read More.

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Capital Santa Monica Funding Los Angeles 100

socalTECH

AUGUST 19, 2010

Santa Monica-based Total Beauty Media 's John Hadl has joined venture capital firm U.S. Venture Partners , USVP said today, on the heels of the acquisition of USVP's LimeLife by Total Beauty. According to U.S. Hadl is also CEO of Brand-in-Hand (BIH), a provider of mobile advertising to brands.

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Los Angeles Angel Santa Monica News 187

socalTECH

NOVEMBER 24, 2020

Santa Monica-based Quid , which offers up a way for private company employees to gain liquidity even before their startups are purchased or have an initial public offering, said on Monday that it has raised $320M in a second fund. Quid's service is an alternative to secondary market sales.

Funding 113

Funding Anthem Santa Monica Capital 113

Both Sides of the Table

JULY 1, 2010

A location based service which incorporates social and gaming elements. led by Altos Ventures and Maverick Capital, with Larry Braitman. Founded in 2008 in Santa Monica by Ron Goldman (former CRO of shopping.com) and Rahul Sonnad. Incubated by Clearstone Ventures in 2008. It’s awesome. Foursquare. -A

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Zag Truecar Venture Capital CarsDirect 248

socalTECH

APRIL 7, 2011

Todd is now Chief Operating Officer of Marmol Radziner (www.marmol-radziner.com), an architecture and construction company, which recently installed a eco-friendly mobile home park project in Santa Monica which was focused on applying clean and eco-friendly technologies to the pre-fab building market. We were established in 1989.

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Santa Monica Venture Capital Anthem Design 190

TechCrunch LA

DECEMBER 31, 2022

Yet despite billions in VC money and plenty of hype , the future that micromobility companies promised still hasn’t quite arrived. Most of the respondents (68%) said they are satisfied with the number of self-service scooters on the streets of Paris, while a quarter indicated they would actually like to see more. Rome, Madrid, Lyon).”.

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Los Angeles San Pedro Santa Monica Study 257

socalTECH

AUGUST 15, 2011

Santa Monica-based Brighter , the dental care and referrals business started by Jake Winebaum, the founder of Business.com, has raised $8M more in a Series B funding round, the firm said Monday. The round was led by Benchmark Capital, and also included Mayfield Partners. Mayfield had invested $5M in the firm in January.

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Santa Monica Pricing Capital Invest 173

socalTECH

MAY 10, 2018

Behzad Kianmahd is the co-founder of Los Angeles coworking space Cross Campus , which is one of the major centers of startup activity in Silicon Beachand also involved as co-founder and lead investor in a brand new, venture capital fund, TAU Ventures (www.ideasimmersion.com/tau-ventures/). Thanks, and good luck!

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El Segundo Southern California Startup Santa Monica 100

Both Sides of the Table

MARCH 23, 2015

Last week Fred Wilson and I sat down in Santa Monica for an hour+ discussion with the video cameras rolling. One of the questions we discussed is, “How much capital should a startup raise?” ” Fred & I are both in agreement that there is a tension between capital constraints and creativity.

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Venture Capital Startup Writing Blogging 150

Both Sides of the Table

JANUARY 14, 2014

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. The three largest webmail services had over 1 billion global users at the end of 2011. People don’t want to speak to customer service reps. Much more data in the full post.

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Email SaaS Venture Capital Google 339

socalTECH

SEPTEMBER 2, 2015

One of the on-demand, parking services that serves Los Angeles Zirx , said this morning that it is specifically looking to solve those issues for companies, with the launch of a new service. The announcement of the new service came in conjunction with a strategic investment from BMW, from BMW i Ventures.

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Beverly Hills Santa Monica Demand Venice 100