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Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . All four companies were in Los Angeles (or adjacent … SantaBarbara) and our community has now matured and regularly produces billion dollar+ outcomes.
The Investment Group of SantaBarbara is the primary backer of a developer of online training software for corporations, which announced a funding round Thursday. during 2012 from the Investment Group of SantaBarbara.
The Investment Group of SantaBarbara , a venturecapital investment group based in SantaBarbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash , Mindflash said today. The firm is led by Donna Wells, the former CMO of Mint.com. READ MORE>>.
This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venturecapital investment firm ScOp VentureCapital. Congrats on the new name for your venturecapital firm. It's always hard with venturecapital. I was blown away.
Instead, grab your surfboard and head to UC SantaBarbara. In addition, Entrepreneur Magazine recently included UCSB in its Top 50 Schools For VC Backed Entrepreneurs at number 37. A decent showing, but well below a number of larger schools, as the ranking is based on the number of graduates who secured VC funding.
SantaBarbara-based AppFolio , a developer of software-as-a-service for property management, is announcing today that it has raised $8M in additional funding for the firm. The funding comes from the Investment Group of SantaBarbara (IGSB). Appfolio said the funding round brings the company's total raised to $30M.
SantaBarbara-based Mindflash.com , a provider of online training software for small businesses, said today that it has named Donna Wells as its new President and CEO. Mindflash said it has received funding from Investment Group of SantaBarbara (IGSB), although it did not disclose financial terms of that funding.
I have been watching ProductPlan for several years, as the founders are both friends and pillars of the SantaBarbara Startup Community. Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS.
SantaBarbara-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.
SantaBarbara-based RightScale , the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company.
Messenger : Thorsten von Eicken , RightScale’s Co-Founder and CTO, Chief Architect at Citrix Online (formerly Expertcity) and Professor of Computer Science at Cornell University and UC SantaBarbara. That led us to venturecapital as opposed to trying to bootstrap ourselves. free weekly Infochachkie articles!
SantaBarbara-based Anchore , which is developing security software aimed at the "container" market, has raised $5M in a funding round, the company disclosed this morning. The funding came from local angel Andreas von Blottnitz, along with Doug Carlisle of Menlo Ventures.
As a result, I'm looking at a lot of software-as-a-service companies, and have run a number of SaaS companies. What's your thoughts on the local venture market? We have a regional focus here, and the market is underserved in venturecapital, yet it's the second largest metropolis and DMA in the country.
I built my first software company in the early days of SaaS and there were few models to go by. It is the opposite of what SaaS is supposed to be. We said to customers, “We only sell SaaS and we think that’s the right solution for you. So we took a stand. How responsive are they to your needs now?
SantaBarbara-based Briq , a developer of software used for financial forecasting in the construction industry, raised $10M this week, in what it says was a Series A funding round. The funding was led by existing investor Blackhorn Ventures, and also included Eniac Ventures, MetaProp Ventures, and Darling Ventures.
Citrix promised to operate Expertcity as a separate division and maintain its offices in SantaBarbara and it was unclear if other potential acquirers would have been willing to make, and keep, similar commitments. VC Funding Alternative. Our BATNA to a sale was to accept funding from venture capitalists.
In contrast, TaxJar, a SaaS solution which makes automates online sales tax calculations, reporting and filings, is an entirely virtual company. Dan shared his entrepreneurial insights with my UC SantaBarbara students, including the manner in which he built a virtual organization. No venturecapital.”.
Our interview today is with Andrew Schydlowsky , the CEO and founder of SantaBarbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaSVentureCapital, and Stage Venture Partners.
Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses. There will be plenty of FREE food and drinks! More panelist to be announced soon. Want To Sponsor?
how on Earth could the venturecapital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venturecapital and technology markets is some variant of, “Aren’t technology markets way overvalued? How our VC Firms Like Ours Organizing to Meet the Challenges?
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