socalTECH

NOVEMBER 3, 2008

A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment." According to Spot Runner, the 115 represents about 30 percent of the company. READ MORE>>

SoCalTech 113

SoCalTech Advertising Venture Capital Resource 113

socalTECH

SEPTEMBER 26, 2008

Irvine-based Autobytel said Friday morning that the firm has cut 75 positions, or approximately 35% of its workforce, and hired an investment bank to "review strategic alternatives" for the firm. The firm said it expects to save $10M annually as a result of the layoffs and elimination of other expenses. READ MORE>>

Layoffs 100

Layoffs Invest Marketing Capital 100

socalTECH

DECEMBER 12, 2008

Coats is a partner at Southgate Alternative Investments, and previously served on Autobytel's board of directors. in the fourth quarter for the layoffs, including severance for Riesenbach. The firm also reiterated its interest in a sale; the firm said it is still pursuing "strategic alternatives" with RBC Capital Markets.

Layoffs 100

Layoffs Sales Invest Capital 100

socalTECH

DECEMBER 9, 2019

The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it loks to have a capital base that is "right-sized to the needs of our business and strategy".

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 9, 2019

The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it looks to have a capital base that is "right-sized to the needs of our business and strategy".

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). What's the theme of your investments? That's why we have investments in Heal, Saucey, and FragMob.

Venture Capital 100

Venture Capital Entrepreneur Technical Review Software Review 100

socalTECH

MAY 25, 2016

San Diego-based residential solar installer OneRoof Energy has cut its staff, and says it is in a major realignment of its business operations to tap into consumer services providers and partners, rather than invest in its own direct sales. OneRoof Energy is backed by Black Coral Capital. READ MORE>>.

San Diego 113

San Diego Sales Invest Services 113

socalTECH

SEPTEMBER 18, 2008

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. The debt comes from Avenue Capital Management II, L.P.

San Diego 100

San Diego Invest Sales Funding 100