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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. Image courtesy Bigstock. READ MORE>>.
2014 dfr2014 event list founders startup socaltech socaltech50' Thanks also to our sponsors (positions still open), who are making the event to celebrate our winners possible! READ MORE>>.
Over the holidays, we''re featuring a few reflections on 2014 from some of the movers and shakers in Southern California''s technology industry. What was your biggest lesson learned in 2014? Didn''t learn it in 2014, but several times over the year we were reminded that a great team can make chicken salad out of chicken $hit.
Southern California''s biggest organized, angel investment group, the Tech Coast Angels , said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. The group said the investments make 2014 its largest ever since 1997 in terms of deals funded and amount raised.
My most significant event of 2014 is definitely Silicon Beach Fest, the multi-day tech community fest, which just keeps getting bigger. Silicon Beach Fest 2014 attracted more than 2,000 attendees, with more than 350 speakers, of which more than one third were women. What was your biggest lesson learned this year?
Department of Justice has charged a North Korean programmer with coordinating the devastating, 2014 attack on Sony Pictures Entertainment , along with a whole host of other cyber-attacks across the world. ransomware attack, a major bank theft in Bangladesh, along with a long list of other crimes.
The online website creation and hosting service — which has now expanded into e-commerce by hosting online stores — then raised another $40 million round in 2014. Squarespace, which has helped millions create their own websites, was founded in 2003 and bootstrapped until a $38.5 That round was raised at a $1.5
There''s less than a week to the technology industry''s biggest holiday event of the year--the Digital Family Reunion on Wednesday, December 10th at the Skirball Cultural Center. Southern California has had a banner year this year, with a huge number of successful exits, fundings, and more.
The company--which provides both personal cloud communications services for consumers and businesses--said it will charge a penny a minute for its international calling rate to the Philippines until at least January 1st, 2014, to help families affected by the Super Typhoon Haiyan (Yolanda) last week. READ MORE>>.
You’ve had a few difficult years outside of work – I feel confident 2014 is going to be a great one! I know your 2013 success will lead to more sustained travel in 2014. I feel confident in our 2014 plans. Thank you especially to Jason & Eric.
Virgin Galactic has been targeting launching its commercial service by 2014. Thursday morning from Mojave, with the SpaceShipTwo achieving a maximum speed of Mach 1.43, and traveling up to 69,000 feet. READ MORE>>. vehicle tourism flight commercial space spaceshiptwo rocket galactic virgin'
The plant is expected to be fully operational in 2014, and will supply power to San Diego Gas & Electric. According to Google, the investment in the Silver Ridge Power, 265.7 MW Mount Signal Solar project is the thirteenth energy investment by Google. Google said it has now committed over $1 billion in renewable energy projects.
Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. in Los Angeles.
Fisker's last company--Fisker Auotmotive--was sold out of bankruptcy to Wanxiang Group in 2014. Henrik Fisker , the automotive designer behind ill fated Fisker Automotive, said today that he is starting a new company , Fisker Inc. , to design a new electric vehicle.
WanderWe is currently targeting California, the Northeast, and Metro DC areas with its service, with plans to expand into US Pacific Northwest and Southeast by early 2014. The company said the new feature combines all hotel, activities, and tours in a single booking package. READ MORE>>.
Beepi , the online used car sales startup which expanded into Los Angeles in 2014, has shut down, according to reports. The company's $60M funding in 2014 had been focused on expansion to Los Angeles. The Silicon Valley startup had raised more than $150M in funding. READ MORE>>.
According to Petnet, the funding goes towards commercializing its "intelligent pet feeder", which it expects to ship in mid-2014. The funding came from Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital.
Both of the installations are slated to happen in 2014. Financial details of the two deals were not announced. READ MORE>>. boingo wireless internet wifi military government broadband'
That includes the launch of its Los Angeles cloud region last year, as well as its acquisition of the Zync cloud renderer back in 2014. Google, of course, is interested in bringing these workloads to its cloud and it has made a concerted effort to bring the Hollywood studios to its Cloud Platform.
Boingo said the system will be operational by August 29th, 2014, when the first game of the college football season launches. Boingo said it will install, manage, and operate its distributed antenna system at the new stadium, providing cellular and data coverage at the venue. READ MORE>>.
Here are some photos from the event, which brought together over 800 people from the industry to rub elbows, meet old friends, network with others, and honor the socalTECH 50 for 2014.
The company said the new funding brings its total raised to $47M in 2014. Irvine-based Kareo , which provides cloud-based, medical office software, said Friday that it has raised $15M in a mezzanine debt funding round. The funding came from Escalate Capital Partners. Terms of the new funding were not announced.
According to Instagram, the top two spots in Instagram''s list of the top tagged locations in 2014 were Disneyland , in Anaheim, and Dodger Stadium , in Los Angeles. Southern California looks to be the top location for Instagram tags, based on a ranking of tags on the app released this week.
Portfolium was founded in 2014, and was led by founder and CEO Adam Markowitz. Financial details of the acquisition were not announced. Portfolium had been venture backed by SFJ Ventures, University Ventures, USA Funds, the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others.
Terms of the Steel Media acquisition were not disclosed, however, the company said Steel Media expected $10M in 2014 revenues. Social Reality--which is traded OTCBB--said the $25M came in the form of a $20M credit facility from victory Park Capital, and $5M in equity from Siskey Capital LLC. READ MORE>>.
How much will social media fame cost you in 2014? Thus, in 2014, accrue your social media status the old-fashioned way - earn it. A version of this article previously appeared on Forbes. At $6,800, it is probably cheaper than you thought. Follow my startup-oriented Twitter feed here: @johngreathouse.
Joybird (Stitch Industries) was founded in 2014 by Alex Del Toro, Andres Hinostroza, Joshua Stellin and Christopher Stormer, and manufactures mid-century modern upholstered furniture, which it sells online through its own brand. Financial terms of the deal were not announced.
The company said it has expanded into a new, 90,000 square foot building, as part of plans to grow its headcount by more than 20 percent in 2014. The company did not say how many people it hopes to hire at the new location. TouchCommerce says it is among the top five employers now in Agoura Hills.
” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. billion in venture capital to LA’s technology startups and 2014 will shatter that figure.
The company’s event and blog posts all focus on the various rendering tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. That’s not what Google is focusing on today, though.
Since launching its first Los Angeles-based startup accelerator in 2014, Boulder, Colo.-headquartered headquartered company Techstars Central has worked with dozens of local entrepreneurs.
As you can see below the number of seed funds shot up dramatically between 2006 and 2014. With seed up massively between 2006–2014 and A and B rounds relatively flat what you see is a widening of the funnel going into traditional venture. So What Impact Did the Drop in Tech Founding Costs Have on VC?
ZipRecruiter is led by Ian Siegel, and previously raised $63M in its Series A funding back in 2014; the company's investors include Institutional Venture Partners (IVP), Basepoint and Industry Ventures. The investment round--not yet confirmed by ZipRecruiter--was reportedly led by current investor IVP. READ MORE>>.
O'Brien has served as Chief Revenue Officer at the company since 2014. O'Brien had joined Scopely in 2014 after serving as VP of Worldwide Business Development at Disney Interactive. READ MORE>>.
The flight is the first rocket powered flight for Virgin Galactic since the 2014 crash of its SpaceShipTwo during similar testing. Mojave-based Virgin Galactic has returned to supersonic flight, saying that its SpaceShipTwo VSS Unity safely completed its first, supersonic rocket flight on Thursday.
ULA, and its CEO, Tony Bruno, has been a vocal critic of SpaceX, which dislodged ULA as the sole bidder on Air Force satellite launch contracts, via legal action in 2014. SpaceX has long criticized ULA's use of Russian rocket engines for its launches, in light of current tensions with Russia. READ MORE>>.
Fullscreen had acquired Viddy in January of 2014, after Viddy had already shifted its model and changed its name to Supernova. Supernova, the team behind Viddy, said it is retiring its apps Viddy, Epic, and Clique to focus instead of developing products for parent company Fullscreen.
Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. It doesn’t take a huge leap to see how well the VC industry is positioned for the immediate future. But about that “bubble” we always hear about?
According to study from the Direct Marketing Association, direct mail campaigns rang up $46 billion from advertisers and companies in 2014, and Fink and his co-founder are hoping that number will climb. They aren’t the only ones. Postie has raised $3.5
Nortman has been at Upfront since 2014, serving as Partner at the firm. Nortman joined Upfront from children's e-commerce company Moonfrye, which she founded in 2014. Upfront's biggest exits have been Ring (acquired by Amazon), TestFlight and FleetSmith (both acquired by Apple), Maker Studios (acquired by Disney).
Snap has a history of buying companies to help it advanced its products; the company bought Vergence Labs in 2014 to power its Spectacles line; it recently acquired Metamarkets, a developer of programmatic advertising tools; and acquired Ctrl Me Robotics, a maker of drone technology, back in May.
NXT Robotics says it is in "stealth mode", and is currently developing unmanned, autonomous, all-weather robots for physical security monitoring and other uses; the company was founded in 2014. READ MORE>>.
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