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Theta Lake Takes $12.7M For Security, Compliance Software

socalTECH

Santa Barbara-based Theta Lake , a developer of security and compliance software which connects with Cisco Webex, Microsoft Teams, RingCentral, Zoom and other collaboration platforms, has raised $12.7M in a Series A funding. As part of the funding, Lightspeed's Arif Janmohamed joins the company's board.

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TrackStreet Takes $2M For E-Commerce Monitoring

socalTECH

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday.

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The Changing Venture Landscape

Both Sides of the Table

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. 1 billion fund and therefore a $20 million is still just 2–2.5% of the fund. Seksom Suriyapa ?—?he just to name a few!

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Interview with Winston Damarillo, Morphlabs

socalTECH

Morphlabs is a cloud computing company, part of a good cluster of firms that we now have in Southern California, including 3Tera in Orange County, and Eucalyptus in Santa Barbara. CSK Ventures in Japan is on eof the largest data center operators, and they have their own venture capital firm, which provided us with our seed funding.

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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

For a high-volume seed fund that adds many portfolio companies every year (such as our friends at 500 Startups who invest in over 100 distinct companies annually), the cost of a bad affirmative decision (a false positive) is quite low, since it accounts for a relatively small portion of their total fund. billion).