article thumbnail

AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1

socalTECH

Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 According to AmplifyLA , the number of seed deals dropped to 27 in the quarter, down from 32 from Q4, and--making a grim quarter even worse--the average seed size declined to only $1.9M

article thumbnail

Tapiture Takes $2.25M In Seed Funding

socalTECH

Tapiture said the new funds will go towards growth, towards international expansion, and to help build merchant partnerships. Tapiture said that Randall Kaplan, co-founder of Akamai, will join its board of directors as part of the funding. tapiture venture capital angel investment social sharing photos products style'

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amplify Joins Accelerator Crowd

socalTECH

Venice Beach-based Amplify , a new startup accelerator headed by Paul Bricault and Richard Wolpert, has uncloaked itself this morning, the latest in a string of startup accelerators in Southern California. Bricault is a Venture Partner at Greycroft Partners, and Wolpert was most recently at the Mailroom fund. READ MORE>>.

article thumbnail

CrossCut Ventures Raises New, $75M Venture Fund

socalTECH

Venice, California-base CrossCut Ventures , one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Managing Directors of the new fund are Rick Smith, Brett Brewer, and Brian Garrett, along with new addition Clinton Foy. READ MORE>>.

Funding 100
article thumbnail

Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

Our most recent Demo Day in November 2018 (at Google/Venice on the main stage) was the most well-attended Demo Day in the history of Startup Boost. And, many of the presenting companies received sizable funding commitments and offers of ongoing help.

article thumbnail

How to Out Amazon, Amazon

Both Sides of the Table

We seed funded a company a few years ago called Parachute Home that has grown 180% CAGR (compounded annually) and is now doing tens of millions of revenue with very little capital raised. In Venice, California they opened a “Parachute Hotel” that let consumers experience the product for a night in a world-class location.

Product 296
article thumbnail

Amplify LA's Paul Bricault On Startup Accelerator Lessons, Five Years Later

socalTECH

Venice-based Amplify LA (www.amplify.la) is celebrating its fifth anniversary as a startup accelerator here in the Los Angeles area � one of the few in the area to have survived in more or less original form after the launch of a number of startup incubators and accelerators five years ago. We basically trebled in size.

Startup 100