socalTECH

APRIL 15, 2010

for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA. in Q1, up from $588.033M tallied by the report in Q4 of 2009, and up significantly from the $320.2M received in the region in Q1 of 2009. across 31 days.

Southern California 208

Southern California Orange County Invest GRP Partners 208

socalTECH

JANUARY 22, 2020

Conroy was on the board of Sotheby's from 2016 to 2019, and also had served as MGM's President of Digital from 2016-2018, Univision's Chief Strategy and Data Officer from 2009-2016, and AOLs EVP for Product and Marketing from 2001-2008.

Los Angeles 229

Los Angeles Marketing Invest Help 229

socalTECH

NOVEMBER 9, 2011

E-commerce spending has been rising since Q4 of 2009, after stalling out over issues with the economy in 2008 and early 2009. The latest numbers out of comScore , which measures e-commerce spending and Internet traffic, find that U.S. retail e-commerce spending rose 13 percent, year-over-year, to $36.3 billion in Q3 of 2011.

Commerce 182

Commerce Software Review Report Content 182

socalTECH

JULY 14, 2021

Recargo was founded in 2009, and operates PlugShare, an online community for EV drivers, and also developed PlugShare, a mobile payment platform for EV cahrging networks. Los Angeles-based electric vehicle (EV) charging network operator EVgo said this morning that it has acquired Recargo, a developer of e-mobility software.

El Segundo 203

El Segundo Mobile Los Angeles Platform 203

socalTECH

JANUARY 16, 2013

2009, $37M. Much of that growth has been in the last three years, according to the numbers we've pulled from our coverage. Lynda.com has been one of the best kept secrets in Southern California's startup community, well known in its industry but practically unknown otherwise. Oct 2010, $50M - 140 employees. May 2012, $70M. READ MORE>>.

Southern California 226

Southern California Funding Startup Companies 226

socalTECH

FEBRUARY 28, 2013

The privately held firm did not disclose its revenues, however, the firm has previously been reported to have had revenues of between $50-100M in revenues in 2011, and $15-20M in revenues in 2009. The firm provides edge network services to help deliver content from such customers as Twitter, Pinterest, Sony, and Hulu to end users.

Steamboat Ventures 240

Steamboat Ventures Santa Monica Hulu Content 240

socalTECH

FEBRUARY 15, 2011

DealOn was founded in 2009. ReachLocal said it would pay approximately $10M for DealOn Media LLC, which offers up local deals businesses in 18 markets across the U.S., a white labeled and co-branded deals platform, and an online exchange for trading deals with other deal sites. READ MORE>>.

ReachLocal 203

ReachLocal Woodland Hills Platform Sites 203

socalTECH

APRIL 20, 2010

Irving, who had been a professor at Pepperdine since January of 2009, was teaching classes at Pepperdine's full time MBA program in Malibu. Irving had previously served as Corporate Vice President at Microsoft, heading up its Windows Live Platform group, as well as serving at Xerox, Oki Electric Industry Co.

Pepperdine 203

Pepperdine Yahoo Malibu Product 203

socalTECH

JANUARY 19, 2011

The report, based on data from January 2008 to 2009, found the Los Angeles Area had 23 percent of green employment in the state, and 22 percent of green businesses. According to data released by the group, job employment in the green sector grew three times faster than total employment in California, accounting for 174,000 jobs.

Report 212

Report San Diego Study Research 212

socalTECH

MAY 27, 2011

NewEgg had filed for an IPO in September of 2009. In the filing, the firm said that it "determined not to proceed with the initial public offering" but did not give any explanation.

NewEgg 194

NewEgg Southern California City of Industry City of Industry 194

Both Sides of the Table

MAY 19, 2010

Closing a VC fund in 2009/10 is a major achievement in and of itself. Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010.

Venture Capital 240

Venture Capital Startup Platform Technical Review 240

socalTECH

DECEMBER 19, 2011

The service is powered by Santa Monica-based Boingo Wireless , which inked a deal in 2009 to allow Skype users to its hotspots. Skype said the free access will be available from December 21st through December 27th. Skype's WiFi service works for users on PCs, Macs, and iOS. READ MORE>>.

Santa Monica 183

Santa Monica IP Services 183

socalTECH

JULY 21, 2010

The firm raises its scholarship fund from its annual AWT Wine & Dine event, which it is holding on August 11th this year, and said the increase in the awards comes from the success of its 2009 event plus individuals and corporate donors.

AWT 210

AWT Technology Education Southern California 210

Both Sides of the Table

DECEMBER 16, 2014

Our 3rd fund began investing in March 2009 (raised in 2008) and our 4th fund started in April 2012 so this fund will naturally begin investing around March / April 2015. That’s why the best firms tend to raise every three years. We feel like we’ve gotten ourselves into a really good rhythm.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

SEPTEMBER 29, 2010

for 2009, and has seen revenues grow to $20.28M in the first six months of 2010. Cornerstone OnDemand--which is headed by Adam Miller--is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. According to the S-1, the firm had a net loss of $8.3M on revenues of $29.3M

Cornerstone OnDemand 208

Cornerstone OnDemand Southern California Santa Monica SaaS 208

socalTECH

JUNE 20, 2013

Instead of a giant exit, the Idealab-backed startup shut its doors and sold its assets in 2009. Makerbot wasn''t founded until 2009. However, Desktop Factory had pioneered 3D printing way back in 2007 , before the recent obsession and craze over 3D printed objects. READ MORE>>.

Idealab 153

Idealab Southern California Acquisition Startup 153

socalTECH

FEBRUARY 17, 2011

The firm had only been formed over a little more than three years ago, in December of 2009, when Bernhard founded the company. HauteLook was venture backed by Insight Venture Partners, which just invested $31M in the company in June of 2010. HauteLook had raised somewhere around $41M in total funding. READ MORE>>.

Sales 187

Sales Los Angeles Sites Invest 187

socalTECH

MARCH 21, 2013

Life Technologies sued Illumina over the patents in 2009. The life sciences and sequencing market seems to be a hotbed of patent lawsuits; Illumina is also engaged in another patent lawsuit fight with Complete Genomics, and also had sued Affymetrix in 2009. READ MORE>>.

Patents 153

Patents Summary San Diego Technology 153

socalTECH

DECEMBER 4, 2012

The Melt's Kaplan sold his last company, which developed the Flip video camera, to Cisco back in 2009, which shut down the entire product line in 2011. The Melt is venture backed by top tier Silicon Valley firm Sequoia Capital, which is quite unusual for a restaurant chain. READ MORE>>.

Hollywood 187

Hollywood Capital Product Develop 187

socalTECH

APRIL 30, 2014

According to AssetAvenue, it has hired Adam Chapnick, who was the first employee out of the Indiegogo crowdfunding site back in 2009. Los Angeles-based AssetAvenue , the real estate crowdfunding site led by David Manshoory, has snagged the first employee out of Indiegogo. READ MORE>>.

Sites 170

Sites Los Angeles Invest Funding 170

Both Sides of the Table

JUNE 12, 2010

Recent competitive financings closed by Gilt Groupe ($35mm in 05/2010), OKL (undisclosed value in 12/2009) and Ideeli ($20mm in 12/2009). Metrics: 50mm users (up from 40mm in Dec 2009), -Competition includes: Spotify , Last.fm. Current round: $31.0mm in Series C by Insight Venture Partners (Jeff Lieberman).

Venture Capital 217

Venture Capital Capital Metrics Competition 217

socalTECH

JANUARY 24, 2013

Webfest (formerly known as DomainFest) has managed some fairly high level speakers at its events over the years, including Tony Hsieh of Zappos in 2010; Apple Founder Steve Wozniak in 2009; Bob Parsons of GoDaddy in 2011; and Biz Stone of Twitter in 2012.

Oversee.net 180

Oversee.net Southern California Conference Activity 180

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. Unemployment continues to rise – Unemployment as of September 2009 is 9.7% but the truer number of underemployed is a whopping 16.8%! That’s around 1 out of 7 working-age Americans.

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

TechCrunch LA

SEPTEMBER 10, 2020

Both Poghosyan and Gudanis have long histories in identity and access management, back in 2009 Poghosyan founded Advancive Technology Solutions, which was acquired by Optiv in 2015 to bulk up its identity access management service.

Los Angeles 308

Los Angeles Chief Technology Officer Culver City Angel 308

socalTECH

FEBRUARY 6, 2012

The incubation effort--which has been running in North San Diego at the University Towne Centre since 2009--said the new space includes 15,000 square foot, and initially includes twelve companies.

San Diego 180

San Diego Incubator Startup Sites 180

socalTECH

AUGUST 20, 2012

Felix provides pay-per-action phone advertising to local businesses, and has been working with CityGrid since 2009. According to CityGrid, Felix will operate as another independent business under CityGrid, reporting to CityGrid CEO Jason Finger. READ MORE>>.

Advertising 168

Advertising West Hollywood CitySearch Technology 168

socalTECH

APRIL 2, 2013

Macadaan shared what he learned from his experience redesigning MySpace in 2009 , and how that's helping to shape what he's doing--along with the rest of the team at LA technology incubator/studio Science Inc. Before MySpace had Justin Timberlake, there was Mike Macadaan.

Dollar Shave Club 168

Dollar Shave Club Tsavo Twiistup Incubator 168

socalTECH

DECEMBER 12, 2012

CommNexus, which is led by Rory Moore, said that it has admitted 39 companies since 2009 to the incubator, with five new companies admitted to the last cycle of the program. The QualcommLabs@EvoNexus initiative invests up to $250,000 in companies, in addition to providing access to Qualcomm's resources for startups.

Incubator 180

Incubator San Diego Resource Startup 180

socalTECH

NOVEMBER 2, 2011

According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.--in GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others. READ MORE>>.

Gogii 162

Gogii GRP Partners Funding Truecar 162

Both Sides of the Table

DECEMBER 11, 2022

Starting in 2009 I began writing checks consistently, year-in and year-out. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies. I was in it for the love of working with entrepreneurs on business problems and marveling at technology they had built.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

socalTECH

JANUARY 10, 2013

Zulily is a fast growing, daily deals site based in Seattle specifically aimed at mothers, babies, and kids; the firm went from starting up in 2009 to over 600 employees in 2012, and was valued at over $1 billion in its latest funding round in November of last year. Lee also headed up LegalZoom, and also runs ShoeDazzle. READ MORE>>.

Company 196

Company Companies Legalzoom Startup 196

socalTECH

APRIL 8, 2019

CitySourced was founded in 2009, and is led by CEO Jason Kiesel. Los Angeles-based CitySourced , which develops mobile apps to help cities communicate with their constituents, has merged with Rock Solid Technologies , a provider of software to the government. Financial terms of the merger were not announced.

Technology 160

Technology Equity Los Angeles Mobile 160

socalTECH

JANUARY 20, 2012

RealityTea.com was founded in 2009, and gets more than 550,000 unique monthly visitors. Los Angeles-based Evolve Media Corp. , Financial terms of the acquisition were not disclosed. The company said that both will become part of its Momtastic community for moms. Evolve did not disclose numbers for WebEcoist.com. READ MORE>>.

AtomicOnline 157

AtomicOnline Media Entertainment Sites 157

socalTECH

OCTOBER 7, 2013

Randt had been ambassador to China from 2001 to 2009. According to Qualcomm, former Ambassador Clark Randt is currently president of Randt & Company, and also serves on the boards of Valmont Industries and United Parcel Service. READ MORE>>. qualcomm ambassador china executive wireless telecom'

San Diego 157

San Diego Help Services Companies 157

socalTECH

SEPTEMBER 25, 2012

Capillary was one of Qualcom's 2009 finalists for the QPrize; the firm is now based in Singapore, with offices in Palo Alto. Singapore-based Capillary Technologies , a developer of mobile customer relationship management (CRM) tools, said it has raised $15.5M in a Series A venture financing round.

Funding 168

Funding San Diego Competition Mobile 168

socalTECH

OCTOBER 3, 2011

StyleSpot was venture backed by Idealab, and had been founded in 2009. Los Angeles-based StyleSpot , an online fashion and social shopping site founded by Rafi Gordon and Alex Amin, has been acquired by Kaboodle , the online social shopping site owned by Hearst Corp. Kaboodle announced the acquisition late Friday.

Idealab 168

Idealab Acquisition Sites Research 168

Both Sides of the Table

NOVEMBER 14, 2010

But I’ll judge the angel class of 2009/2010 on a 7-10 year time horizon. in 2009 the market was completely constipated as investors focused on triage. I was very active in 2009 / early 2010. Bad times are when M&A halts to a trickle and this is when many businesses are rushing to get exits. I avoided much of this.

Invest 299

Invest Angel Technical Review Venture Capital 299