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However, the company disclosed Monday that it had $535M in revenue in 2013, nearly double the revenues the company had in 2012, making it one of the largest companies on the Central Coast. Santa Monica-based Sonos has been remarkably quiet over the years about how the company has been doing financially.
There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. But, how successful have they been?
Launchpad LA , one of the more high profile startup accelerators in Los Angeles, has opened up applications for its next class. The accelerator has been accepting applications since last week for its Class 6, which will run from mid-September to mid-January. According to the accelerator, applications for the next class are due August 11th.
Los Angeles led the region with $309.79M in total investments for Q4 of 2013, with San Diego ($145.0M) and Orange County ($143.6M) with nearly the same venture investment toal. southern california venture capital investment moneytree quarterly q42013 2013' Nationally, the report found that there was $29.4 For Q4, $8.4 READ MORE>>.
2013 has proved to be a wild year. 2013 was the year of wearable devices and physical products. So with the wild ride of 2013 I had thoughts about what made me thankful this year. I know your 2013 success will lead to more sustained travel in 2014. eCommerce was battered this year. I feel confident in our 2014 plans.
The amount of venture capital investment was up 12 percent in terms of dollars, and 5 percent in number of deals compared to the second quarter of 2013. 2013 q32013 moneytree quarterly investment capital venture california southern' Nationally, total venture capital investments totaled $7.8 billion, in 1005 deals. READ MORE>>.
Serena Ehrlich , Director of Marketing of Los Angeles-based Mogreet --and who is also well known in Los Angeles for her work with the Los Angeles chapter of the Social Media club--has been recognized by Mobile Marketer as one of its Mobile Women to Watch 2013. Ehrlich joined Mogreet earlier this year.
Since its inception as an open source project in 2013, community contributions have been numerous and continuous. This project measures the high-water mark performance of server side web application frameworks and platforms using predominantly community-contributed test implementations.
Business Insider cited a leaked pitch deck from Interactive Media Holdings, which also showed Specific Media and MySpace estimating 2013 revenues of $328M, with MySpace generating $15M in revenues in 2012, and the site generating and estimated $58M in 2013. READ MORE>>.
The first Demo Day of 2013 in Los Angeles is tomorrow, as MuckerLab launches its latest class of startups; fellow Los Angeles accelerator StartEngine has its first 2013 demo day scheduled for January 30th. It's a new year, and another batch of accelerator startups, as Demo Day season in Los Angeles kicks off this week.
The startup is led by Anke Audenaert, and said its team was behind JumpTime, a content optimization software product that was sold to OpenX in 2013. Santa Monica-based Favrit said this week that it has launched its new app, which helps people save, organize, and share their favorite places. READ MORE>>.
We'll head back to the beach on the first week of summer for a week-long Silicon Beach Fest in Santa Monica June 2013. What are the technologies, companies, or things we ought to watch in 2013? Now the stage is set for Silicon Beach to really start to play ball in 2013.
I first met Andrew Stalbow , the founder & CEO of Seriously in August of 2013. On August 23rd, 2013 I had an email intro from my good friend and trusted source Jeff Berman who only sends me stuff when it is somebody he respects (ie a strong filter vs. those who send casual intros). He hit me from two very trusted sources.
Sony said it will award $10,000 towards tuition or other educational expenses as part of its 2013 G.I.R.L. Looking to inspire girls to joint he video game industry, Sony Online Entertainment said today that it has begun accepting applications for its annual $10,000 scholarship which encourages women to join the video game industry.
March 28, 2013. Previous Everything about Java 8 March 26, 2013. March 2013 (2). January 2013 (2). About What we do Portfolio People Blog Contact. You are viewing a single entry. Please also check out the most recent entries. Framework Benchmarks. How much does your framework choice affect performance? About this blog.
in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. 2013 q22013 moneytree quarterly investment capital venture california southern' The latest numbers from the MoneyTree survey came out this evening, tallying up $587.0M in investments across 90 deals. billion invested), New England ($823.0M
January 2013, $100M - 400 employees. 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. 2009, $37M. Oct 2010, $50M - 140 employees. May 2012, $70M. READ MORE>>.
Docstoc''s various documents--including things like partnership agreements, NDAs, confidentiality agreements, and much more-- are now available for purchase through Microsoft Office 2013. Financial details of the partnership were not disclosed.
The number of phones and devices recycled by the company via its interactive kiosks has seen quite an uptick, as the company only just announced it had reached the one million devices recycled mark in April of 2013. ecoATM was acquired for $350M in July of 2013 by Outerwall (formerly known as Coinstar).
The company says it now has over 900 employees, and had over $7 billion in commercial and residential real estate traded through its marketplace in 2013. Auctino.com, which was founded by Jeff Frieden, operates an online real estate marketplace focused on the commercial real estate market. READ MORE>>.
What are the technologies, companies, or things we ought to watch in 2013? I think mobile payments and online education will finally hit their stride in 2013 benefiting companies like Braintree and Dwolla and Coursera respectively.
CheapAir.com--which has been accepting Bitcoin since November of 2013--says it has seen sales of more than $1.5M Calabasas-based travel booking site CheapAir.com says that it has begun accepting those two cyber-currencies -- which are similar to Bitcoin -- for booking airline flights, hotels, and train seats.
The startup says it added more than 200 new publishers and 100 new buyer channels for the six months ended March 31, 2013, and that its customers now include more than 500 of the world''s premium publishers, including eBay UK, Time, ABC News, the Wall Street Journal, Tribune Company, Virgin Media, People, Universal and many others.
for the twelve months ending June 30, 2013. According to Blucora, Monoprice was founded in 2002, and sells its own, name-brand items on its website. Monoprice had revenues of $131.1M Monoprice is headed by Ajay Kumar. Blucora said it will continue its operations in Rancho Cucamonga.
We spent a year (2012-2013) building a merchant acquisition machine and all of the systems to support bookings, calendar integrations, location services, etc. We then spent much of 2013 proving out the merchant model in one city – Los Angeles.
Broads Circle is donating $5 from every event ticket sold through October 24, 2013 towards the funding pool for ChickStarter. The best idea will be selected by a panel in October.
for the nine months ended September 30, 2013. Rubicon is venture backed by Clearstone Ventures, News Corp., Mayfield, as well as others. The firm reported revenues of $57.0M for the year ended December 31, 2012, and revenues of $55.7M READ MORE>>. rubicon project advertising merger exchange exit technology'
Co-founder Sean Callahan was one of the 2013 socalTECH 50. RapidEngage was founded by Daniel Marashlian, Sean Callahan, and Rodney Rumford, who also founded photo sharing app Plixi (TweetPhoto), which had been acquired by Lockerz in 2011. RapidEngage was one of the companies incubated at EvoNexus. READ MORE>>.
Atmel said that Newport Media had $43 million in annual revenue during 2013. NMI offers up both 802.11n Wi-Fi and Bluetooth products, which it has been selling into the industrial, home and building automation, and consumer products markets. READ MORE>>. newport media merger acquisition atmel wifi bluetooth semiconductor wireless chipset'
According to comScore, despite the records, the spending was below the forecasted 14 percent growth it had forecast for desktop spending during the season, whic includes all e-commerce sales from desktop computers between November 1st and December 31st of 2013. Shopping cart image courtesy Bigstock. READ MORE>>.
MomentFeed--which develops software used by those retailers to match up social activity to their retail locations--said that it has published a report which shows that Starbucks led in Instagram engagement in Q2 of 2013, with 109,054 photos taken of Starbucks locations. READ MORE>>.
The company develops cloud-based software used to help monitor construction project progress and compliance, and was founded in 2013. Raken is led and was co-founded by CEO Kyle Slager and CTO/CPO Dr. Sergey Sundukovskiy. READ MORE>>.
million in the third quarter of 2013. The acquisition of Rancho Cucamonga-based Monoprice , a developer of its own line of branded consumer electronics and accessories, has completed, Blucora announced Thursday afternoon, in a deal that had been announced earlier this month. The deal was worth $180M in cash. million to $37.5
The company, which now has operations in Los Angeles, New York, San Francisco, Miami, Chicago, Boston, Atlanta, said that the market is among a number of markets it plans to expand into during 2013, as it rolls out its service nationwide.
2013 And Beyond. I have some major changes planned for infoChachkie in 2013, including something that will make Mark Suster happy. All the best in 2013 and beyond. Celebrities With The Most (Allegedly) Fake Twitter Followers. > > 14,200 views on Forbes. > 13,500 views on Forbes. Share and Enjoy.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.
was a significant increase from Q1 of 2013, when only $571.0M was invested in the region; it was also an increase from Q4 of 2013, when $611.48M was invested in Southern California as a whole. billion into 951 deals during Q1, which was up 12 percent in terms of dollars, but down 14 percent in terms of deals compared with Q4 2013.
The company reported $985.73M in revenues for the year ended December 31, 2013. Morgan, Citigroup, Barclays, Allen & Company LLC, Stifel, Baird, MCS Capital Markets, Piper Jaffray, and Raymond James. READ MORE>>. gopro camera action sports merger acquisition exit electronics hardware'
What are the technologies, companies, or things we ought to watch in 2013? In 2013 you'll be able to pay a few thousand dollars for a printer that can produce a copy of any 3D shape. Analyzing massive quantities of data used to be something only Google did. Watch for companies making Big Data Analytics easy for everyone.
” Citing a Bloomberg report, the site explains automakers may have had the worst first half for new-vehicle retail sales since 2013. My favorite car blog Jalopnik said it best: “Cars Sales Could Be Heading Straight Into the Toilet.” Car sales are tanking, but people still need cars.
It''s been a little over 16 months since I first set foot in my first bitcoin convention in late May 2013. As I''d noted in a socalTECH post right after I returned, I thought bitcoin and cryptocurrency was poised to grow dramatically, disrupt economies and increase in value.
Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase. . “He not only played at the peak of his sport but everything he did was quality from film, to books to philanthropy. It’s truly a sad day in LA.”.
Santa Monica-based startup accelerator LaunchpadLA has just opened up its spring 2013 class applications, and bumped the amount it invests in startups. The accelerator--run by Sam Teller--is one of a crop of startup accelerators which have been the driving force behind the Silicon Beach startup community over the last year.
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