InfoChachkie

AUGUST 29, 2011

I recently spoke with an unhappy early-stage investor who described the demise of a life sciences startup which was moved from Santa Barbara to San Diego at the behest of a large venture firm. all of which continue to thrive in Santa Barbara to this day. Thanks Mr. Big Firm VC. Nine Positions I Do Not Need.

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

socalTECH

DECEMBER 13, 2016

The Investment Group of Santa Barbara (IGSB) is one of the backers this week in machine learning and artificial intelligence software developer Solvvy. Solvvy says it has raised $4.5M Solvvy says it has raised $4.5M Solvvy is based in Palo Alto. READ MORE>>.

Santa Barbara 100

Santa Barbara Artificial Inteligence Seed Funding Software Development 100

socalTECH

JANUARY 22, 2019

This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Congrats on the new name for your venture capital firm. It's always hard with venture capital. I was blown away.

Venture Capital 145

Venture Capital Startup Invest Capital 145

socalTECH

OCTOBER 10, 2017

Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion invested in the third quarter in more than 1,699 companies.

Venture Capital 147

Venture Capital Orange County Report Santa Barbara 147

Both Sides of the Table

NOVEMBER 9, 2012

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). Bimodal returns are a fallacy, many great VC funds are built on the power law curve. They say the same about VC.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

socalTECH

AUGUST 21, 2017

A new bill is expected to be introduced this week by local Senator Hannah-Beth Jackson (D-Santa Barbara), to target incidents of sexual harassment in the venture capital industry.

Venture Capital 113

Venture Capital Santa Barbara Capital Ventura 113

InfoChachkie

OCTOBER 20, 2014

Instead, grab your surfboard and head to UC Santa Barbara. 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.

Santa Barbara 258

Santa Barbara Technical Review Startup Venture Capital 258

socalTECH

JANUARY 29, 2019

Los Angeles-based HeyTutor , an online marketplace for finding tutors, has raised $1M in its Series A funding, the company announced on Tuesday, from Santa Barbara-based ScOp Venture Capital, the venture investment firm led by serial entrepreneur and investor Kevin O'Connor.

Venture Capital 113

Venture Capital Capital Santa Barbara Los Angeles 113

socalTECH

JANUARY 14, 2014

Santa Barbara-based Invoca -- better known here by its prior name, RingRevenue -- said this morning that it has raised $20M in a Series C financing round. The startup, led by Jason Spievak, said the new funding was led by Accel Partners, and also included prior investors Upfront Ventures and Rincon Venture Partners.

Marketing 212

Marketing Santa Barbara Venture Capital Sales 212

socalTECH

OCTOBER 12, 2010

Kamran Pourzanjani , the former CEO and founder of PriceGrabber.com, and Omid Rahmat , the former CEO of Tom's Hardware, have acquired Portland- and Santa Barbara-based ELC Technologies , the development firm founded by Jonathan Siegel. Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. READ MORE>>.

Cloud Computing 197

Cloud Computing Technology Santa Barbara Venture Capital 197

socalTECH

APRIL 5, 2010

A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. for Santa Monica electric vehicle firm Coda Automotive. Father north, in Santa Barbara, Sonos scored $25.0M

Southern California 160

Southern California Santa Barbara Anthem Redpoint 160

Both Sides of the Table

JULY 24, 2012

Michael Pfau (Santa Barbara … Reicker Pfau). He knows every startup & VC in town.” When I first arrived in LA my good friend Matt Pillar (a long-term veteran of tech, media & VC) who had been in LA for some time told me, “in LA there’s none better than David.” By now I know many more.

Venture Capital 299

Venture Capital Startup Los Angeles GRP Partners 299

socalTECH

JUNE 25, 2013

Santa Barbara-based Lastline has raised $10M in a funding round, to go towards the development of its malware defense software, the firm announced this morning. The new funding round was led by Redpoint Ventures and e.ventures, with Redpoint''s John Walecka joining the firm''s board. Lastline is led by Jens Andreassen.

Redpoint 159

Redpoint Santa Barbara Software Venture Capital 159

socalTECH

MARCH 28, 2012

Los Angeles- and Santa Barbara-based DFJ Frontier , the venture capital firm founded by David Cremin and Scott Lenet, has scored an exit at one of its portfolio firms, ClearAccess. Financial details of the buy were not disclosed.

Santa Barbara 183

Santa Barbara Venture Capital Networking Los Angeles 183

socalTECH

AUGUST 18, 2009

Santa Barbara-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 Santa Barbara (IGSB). Appfolio said the funding round brings the company's total raised to $30M.

Santa Barbara 124

Santa Barbara SaaS Venture Capital Capital 124

socalTECH

AUGUST 31, 2021

Santa Barbara-based Invoca, which develops call tracking and other customer tracking software, says it is on the path towards $100M in annual recurring revenue (ARR) by the end of its fiscal year. The company has raised $116M in venture capital, from such investors as Accel, Upfront Ventures, H.I.G.

Santa Barbara 187

Santa Barbara Venture Capital Acquisition Software 187

socalTECH

AUGUST 31, 2010

San Diego-based Fallbrook Technologies , a developer of continuous variable transmissions for the electric car and other industries, has raised $6M more in venture capital, according to an updated S-1 from the firm. Tags: fallbrook technologies electric cleantech venture capital. The updated S-1 filing came late Friday.

Technology 154

Technology Santa Barbara Venture Capital San Diego 154

socalTECH

AUGUST 13, 2013

Santa Barbara-based AnsibleWorks announced today that it has raised $6M in a Series A round, to go towards the company''s open source, IT automation tools. The funding was led by Menlo Ventures. ansibleworks automation software tools venture capital open source' The company''s CEo is Said Ziouani. READ MORE>>.

Tool 174

Tool Santa Barbara Venture Capital Software 174

socalTECH

OCTOBER 29, 2012

Rincon Venture Partners , the Santa Barbara-based venture capital fund run by Jim Andelman , John Greathouse , and Brian Kelly , has led the investment in a developer of social recruiting software tools for companies, The Resumator. Rincon led a $700,000 Series A round in 2011 in The Resumator. READ MORE>>.

Santa Barbara 157

Santa Barbara Southern California Social Media Venture Capital 157

socalTECH

SEPTEMBER 23, 2010

Santa Barbara-based CytomX Therapeutics , a biotechnology firm developing antibodies, said this morning that it has raised $30M in a Series B funding round. The round was led by Third Rock Ventures, and also included the Roche Venture Fund. CytomX was started in 2008, based on research out of UC Santa Barbara.

Santa Barbara 154

Santa Barbara Venture Capital Research Activity 154

socalTECH

JUNE 18, 2009

Maverick Angels , one of the angel investment groups in the Los Angeles area, said this afternoon that the group is launching two new chapters, expanding into the Santa Barbara and South Bay area. Tags: venture capital investment angel angels maverick. READ MORE>>.

Angel 140

Angel Santa Barbara Networking Ventura 140

SoCal Tech Calendar

JUNE 23, 2011

In addition to all the local startup folk, we're gonna be joined by a bunch of VCs, have a SHORT talk about Venture Capital, Fundraising, etc. from VC Frank Foster of DFJ Frontiers Santa Barbara office and Gregg Lavin from uSamp, a 101 corridor company that is kicking butt and works with local VCs Greycroft and DFJ Frontier.

Venture Capital 113

Venture Capital Santa Barbara Startup Capital 113

socalTECH

MAY 12, 2010

Santa Barbara-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 Santa Barbara (IGSB), although it did not disclose financial terms of that funding.

Santa Barbara 145

Santa Barbara Training SaaS Venture Capital 145

socalTECH

AUGUST 25, 2014

According to Lastline, the funding came from Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. Santa Barbara computer science researchers. lastline venture capital malware protection ucsb university cybersecurity software' READ MORE>>.

Santa Barbara 159

Santa Barbara Redpoint Venture Capital Research 159

socalTECH

MARCH 12, 2010

Santa Barbara-based Sonos , which develops multi-room, digital music systems, confirmed today that it has raised $25M in a Series C round of funding. The funding came from Index Ventures, with Mike Volpi of Index joining the company's board of directors as part of the funding. READ MORE>>.

Santa Barbara 154

Santa Barbara Venture Capital Funding Capital 154

socalTECH

APRIL 30, 2013

Santa Barbara-based Local Market Launch , a new startup founded by former ValueClick founder Brian Coryat, said Tuesday that it has raised $1.5M The round came from Rincon Venture Partners. local market launch localmarketlaunch venture capital valueclick coryat business listings search' in a Series A funding round.

Search Engine Optimization 178

Search Engine Optimization Marketing Santa Barbara Seed Funding 178

InfoChachkie

NOVEMBER 3, 2011

As an Instructor of entrepreneurship at UC Santa Barbara, I welcomed the chance to read Brad Feld & Jason Mendelson’s Venture Deals: Be Smarter Than Your Lawyer And Venture Capitalist. They are both former entrepreneurs and current Partners at Foundry Group , a highly successful, early stage venture firm.

Venture Capital 205

Venture Capital Entrepreneur Writing Guide 205

socalTECH

NOVEMBER 6, 2013

A report today says that Santa Barbara-based Sonos , the developer of the user-friendly wireless home audio systems, has raised $25M in a secondary funding, which will go towards buying out fully vested employees. sonos venture capital secondary buyout employee exit merger' READ MORE>>. READ MORE>>.

Santa Barbara 147

Santa Barbara Venture Capital Report Capital 147

socalTECH

MAY 5, 2010

Transphorm is headed by Umesh Mishra, who is a professor at the University of California, Santa Barbara Electrical & Computer Engineering Department Engineering and Sciences. Tags: transphorm venture capital kcpb kleiner perkins hydrogen energy cleantech ucsb.

Santa Barbara 157

Santa Barbara Venture Capital Capital Funding 157

socalTECH

AUGUST 19, 2010

Santa Barbara-based SpectraFluidics , a developer of chemical detection systems, announced yesterday that it has received a strategic investment from In-Q-Tel , the venture capital arm of the CIA. The company's technology is based on technology which was originally developed at UC Santa Barbara. READ MORE>>.

Santa Barbara 140

Santa Barbara Invest Venture Capital Capital 140

socalTECH

NOVEMBER 24, 2014

Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics , on a new $4M funding round for the company. The company also counts Cue Ball and Daher Capital as investors. READ MORE>>.

Rustic Canyon 138

Rustic Canyon Santa Barbara Venture Capital Software Development 138

socalTECH

NOVEMBER 19, 2013

Daryl Bernstein , RightSignature (Santa Barbara, software). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Holden Steinberg , Pagewoo (Santa Monica, advertising). Thorsten von Eicken , Rightscale (Santa Barbara, cloud computing).

Southern California 279

Southern California SoCalTech Dollar Shave Club Santa Monica 279

socalTECH

JANUARY 24, 2018

Santa Barbara-based venture capital investment firm Rincon Ventures is part of a new funding round for quality assurance software developer Rainforest QA.

Santa Barbara 147

Santa Barbara Venture Capital Software Development Capital 147

socalTECH

JULY 21, 2010

Santa Barbara-based CALIENT Technologies , a developer of photonic switching products, said today that it has raised $10M in an expansion financing round. Tags: calient technologies venture capital photonic semiconductor. Gupta becomes Chairman of the firm's board along with the funding.

Technology 150

Technology Santa Barbara Venture Capital Capital 150

socalTECH

MAY 3, 2010

Santa Barbara-based InTouch Technologies , a developer of remote presence systems used for the healthcare industry, announced today that it has raised $10M in a private placement. Growth Capital Fund, and also included Galen Partners, InvestCare Partners, Twenty One East Victoria Investments, and others.

Santa Barbara 150

Santa Barbara Marketing Venture Capital Capital 150

InfoChachkie

JANUARY 16, 2018

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara 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.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

socalTECH

SEPTEMBER 2, 2011

Santa Barbara-based Restaurant Revolution Technologies , a firm developing restaurant order management technology, has raised a round of venture funding, according to BR Venture Fund , a MBA student run venture capital fund based out of Cornell University.

Technology 145

Technology Funding Santa Barbara Venture Capital 145