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Many observers of the venturecapital industry have questioned whether its best days are behind it. I can’t help feel a bit of rear-view mirror analysis in all of “VC model is broken” bears in our industry. This has led to the creation of incubators, accelerators and seedfunds. The Funding Problem.
This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. 15mm in Series A.
Glendora-based eGood , a startup developing a social giving platform, said today that it has raised $3M in a seedfunding round. The funding came from Wolfgang Buehler, and angel investor. According to eGood, it is using the funding to develop its mobile and in-store check-in platform. READ MORE>>.
Los Angeles-based PayDragon has raised $1.35M in its seedfunding, the firm disclosed Friday. The firm--which had earlier disclosed the seed roudn , but without dollar amounts--said the funding included Rustic Canyon Ventures, SV Angel, and Y Combinator, as well as Yuri Milner and Mark Schwartz. READ MORE>>.
Santa Monica-based venturecapital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seedfunding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan.
Culver City-based ThinkNear , a new startup focused on helping local merchants reach consumers with mobile, location-based ads, said today that it has raised $1.6M in a seedfunding round. READ MORE>>.
Los Angeles-based Kixer , which was founded by Keith Bonnici, Jake Moilanen, and Omar Nicola, has raised $1M in a seedfunding, for the company''s native advertising platform. Kixer develops a native advertising platform which helps mobile app developers reach users via online publishers. READ MORE>>.
Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seedfunding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital.
One of things I’ve loved the most about doing now 11 weeks of This Week in VC is a chance to have an hour-long recorded conversation with investors. And in my interviews with many VCs I feel that people can watch these and get to know the VC’s as human beings a bit better. So how did Mike get into VC?
Venice, California-based Robin Games , a startup that is developing mobile games aimed at women, has raised $7M in a seedfunding round, the company said on Thursday. The startup, led by Jill Wilson, says it is developing "lifestyle gaming" titles, which run on such platforms as Apple's iOS and Google Android.
Los Angeles-based ThinkNear , the developer of hyper-local mobile advertising technology headed by Eli Portnoy, has been acquired by TeleNav , TeleNav said this morning. All of ThinkNear's twelve employees are joining TeleNav's mobile local advertising group. in a seedfunding last year. in a seedfunding last year.
3TEN8 , a company which is developing software to help mobile network operators visualize and manage their network performance, and which was part of both LaunchpadLA and the SAM Precellerator Programs in Los Angeles, has raised $250,000 in funding. The seedfunding came from the Citrix Startup Accelerator Seed Program.
San Diego-based Chalk Digital , a provider of location-based, mobile advertising technology aimed at local businesses, said today that it has raised a seedfunding round. Size of the funding was not announced. The funding came from Composite Capital Partners, Kernal Capital Inc., READ MORE>>.
The company has now raised North of $13M in funding, including an earlier seedfunding announced in January. washio venturecapital laundry pickup smartphone mobile launder service uber' The company--think "Uber for laundry"--let users request that their dirty laundry be picked up and washed. READ MORE>>.
Seriously , a new video game startup, has just received $2.35M in a seedfunding from LA''s Upfront Ventures, to help create mobile and casual games. Sunstone Capital also participated in the funding. seriously venturecapital videogame content rovio startup video casual gaming' READ MORE>>.
Los Angeles-based Villiger , a startup developing a mobile app to help parents book tutors, baby sitters, and other services, has raised a seed round of funding, the company said this week. Size of that funding round was not announced.
Venice, California-based Robin Games , a startup that is developing mobile lifestyle games aimed at women and others, has raised $7M in a seedfunding round, the company said on Thursday.
Los Angeles-based Geenee , a company developing mobile software that allows physical objects to trigger mobile, augmented reality (AR) experiences, has raised $7M in a seedfunding round, the company said on Tuesday morning. The company said the funding was led by IDI Partners.
Burner , the Los Angeles startup which lets users create one-time, "burnable" phone numbers for temporary use, has raised $2M in a seedfunding, the company said today. The funding came from Founder Collective and Venrock, as well as 500 Startups, angel David Cohen, and TenOneTen. READ MORE>>.
Beverly Hills-based BioBeats , which develops healthcare apps which says it combines entertainment with healthcare, by generating music from your heartbeat, has raised $650,000 in a seedfunding round. The company says it is developing mobile apps for the entertainment, consumer health and wellness and clinical medicine areas.
Santa Monica-based Luxury Travel Hackers said today that it has launched a new company, focused on helping the "mobile millennial" book "influencer-curated" trips via social media, with a seedfunding.
Los Angeles-based Bccthis , a startup developing software which connects Microsoft Outlook, Twitter, and BlackBerry smart phones, announced this morning that it has raised $500,000 in seedfunding and launched a beta of its service. Source of the seedfunding was not disclosed. READ MORE>>.
Los Angeles looks to be the center of the mobile-phone enabled, personal services market, as Wash.io --a new startup--announced today that it has raised $2.25M in a seedfunding round. washio venturecapital laundry pickup smartphone mobile launder service uber' READ MORE>>.
veteran Ashley King, said today that it has raised a seed round of funding, and launched its first app, Dysh. Financial details of the seedfunding round was not announced. El Segundo-based Toast Labs , a new startup led by The Honest Co.
San Diego-based Qualcomm said Tuesday that it is launching its second annual venture investment competition, the Qualcomm Ventures QPrize competition. According to the firm, this year's competition will provide up to $750,000 in seedfunding to entrepreneurs working on mobileventures. READ MORE>>.
in its seedfunding round. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups. disney startup accelerator walt angeles entertainment consumer fundingventurecapital techstars' READ MORE>>.
Boston-based WiGo (Who Is going Out), a developer of mobile apps to help college students coordinate their social lives, has scored seedfunding from Sean Rad and Justin Mateen, the two local entrepreneurs behind hit app Tinder. According to reports, the two were among a number of angels in a $700,000 seedfunding for WiGo.
Culver City-based Loosie , a startup developing loyalty and rewards software for mobile apps, said this morning that it has raised $3.5M in a seedfunding round. The funding came from tim Kendall (Pinterest, Facebook), Michael Liou (Anvil Capital), Anthony Saleh, and Brad Schwartz (SLP Ventures).
Today I’m handing her the largest A-round check I’ve ever written as a VC as we lead her $10 million A-Round at uBeam. As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. When I first met Meredith Perry she was 24.
To figure out those 50 washes, embedded near-field communication (NFC) technology in the garments are tracked in real time and healthcare practitioners are informed via a mobile app how many times a gown has been washed. The funding gives the company fuel to grow as it expands into the U.S. Image Credits: MEDU. by the end of the year.
Los Angeles-based Perch Mobility, a startup that is developing portable charging "pods" aimed at helping professional chargers and scooter operators to bulk-charge scooters and e-bikes, says it has scored seedfunding for its efforts. The company said the funding came from Lorentzen Investments.
The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. It got me thinking about the advice that I often give to new VCs. But in today’s fast-paced world my observation is that as VCs we don’t control the ball as much as we should.
Source and size of the seedfunding were not announced by he company, however, the company said its advisors and investors include Kevin Fong (formerly of Mayfield Fund), Kelli Richards (formerly of Apple), and Andy Ann (NDN Group, Hotmob). weesping social networking music mobileventurecapital angel soundcloud spotify'
Los Angeles-based Embrace.io , which is developing software to help provide performance feedback for mobile apps, is announcing this morning that it has raised $2.5M in a seedfunding round. Embrace.io's co-founder and CEO is Eric Futoran. The company says its software is available to developers in limited release today.
Los Angeles-based Product Science said this week that it has raised $18M in a seedfunding round. The funding came from Slow Ventures, Coatue, K5 Global, Mantis Ventures, plus angels Peter Fenton (Benchmark), Jerry Murdock (Insight Partners), and executives at Snap.
Avalon Ventures , the La Jolla- and Cambridge-based venturecapital firm, has backed a new startup, Pingup , which lets consumers text nightclubs for reservations and information. According to Pingup Tuesday, it raised $1M in a seedfunding round from Avalon Ventures, led by Brady Bohrmann.
The startup--led by Royce Disini--said the funding round was le dby Kleiner Perkins Caufield & Byers, and also included Raine Ventures, First Round Capital, Lowercase, Rincon Venture Partners, Crosscut Ventures and Advancit Capital. in its seedfunding round back in May.
La Jolla-based Nettle , a semi-stealth mode firm which says it is creating a "next-generation social/local/mobile application and website for the global entertainment market", has raised $500,000 in a seedfunding.
Today, start-ups have more choices for accessing business resources and seedfunding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venturecapital or who lack certain critical capabilities.
Today, start-ups have more choices for accessing business resources and seedfunding than ever. This is especially true for first-time and early-stage entrepreneurs not yet ready to pursue venturecapital or who lack certain critical capabilities.
San Diego-based Truepic , a company developing mobile apps which help to certify that images--such as those for real estate, car rentals, home rentals, and online dating--have not been modified or altered before uploading, has raised $1.75M in a seedfunding round.
Qualcomm Labs , the incubator subsidiary of Qualcomm Technologies , has announced the first set of companies funded through its new QualcommLabs@EvoNexus program today, saying that it has funded three companies with a round of seedfunding.
The firm said it is extending the deadline for the prize to allow additional entrepreneurs to enter the prize, which will provide $550,000 in seedfunding to entrepreneurs developing wireless technology in North America, Europe, China, and India. The deadline for the business plan competition was originally today, July 31st.
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