socalTECH
JANUARY 21, 2022
Santa Monica-based venture capital firm Bonfire Ventures is looking to raise $165M in its third fund, according to a regulatory filing from the firm. As expected, due to legal restrictions, venture capital investor--led by Jim Andelman, Mark Mullen, and Brett Queener--has not detailed its fundraising efforts.
socalTECH
JULY 30, 2020
Santa Monica-based MomentFeed , which develops software used by retail brands for optimizing mobile and proximity searches, has raised $10M more in funding, the company said on Thursday. The funding was led by Level Equity, and also included Signia Venture Partners, Draper Nexus, and DFJ Frontier, all prior investors.
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socalTECH
NOVEMBER 9, 2017
Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. Cornerstone said the investment came after a "review of strategic alternatives", including both solicited and unsolicited interest in the company.
Both Sides of the Table
JUNE 28, 2018
My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.
Both Sides of the Table
APRIL 18, 2019
They are no longer remarkable in Santa Monica or Venice or in many cities in America, Europe or South America. In my home town of Santa Monica they painted 19 miles of bike lanes green to help delineate bikes & scooters from cars and they built 3 miles of soft barriers to test how this works with traffic flow.
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
socalTECH
OCTOBER 4, 2010
Last week, Santa Monica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. The company provides SAT, ACT, and other similar test preparation courses and related software. I had worked as a tutor for Princeton Review, and Jake for Kaplan. We started in 2000.
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