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AdventureLink Buys Competitor, Get Investment

socalTECH

Financial terms of the acquisition were not disclosed. According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital. Tags: travel merger adventurelink acquisition venture capital allegis adventure. Amount of that funding was not released. READ MORE>>.

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EMN8 Raises $50M, Acquires Snapfinger

socalTECH

As part of the acquisition, EMN8 said it raised $50M in a new funding, to both acquire Snapfinger and expand its platforms. Bass Associates, and also included Allegis Capital and individual investors. emn8 snapfinger merger acquisition venture capital restaurant ordering dining food point sale' The new funding was led by Sid R.

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Insights and Opinions: Returns From Southern California IPOs

socalTECH

Funk is a venture capitalist who founded OceanRoad Partners and has been a Managing Director with Allegis Capital, where he invested in Sandpiper Networks, Rent.com and Shopzilla. Tags: southern california insights opinions merger acquisition. Jon discusses the returns from Southern California IT IPOs between 1995 and 2009.

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eBay Sells Rent.com

socalTECH

The sale to eBay had been a big win for Allegis Capital, Bank of America Venture Partners, Insignia Financial, Kline Hawkes, Rosewood Capital, and Thomas Weisel Partners. The firms said the move would help PRIMEDIA bolster its apartment and rental home resources, which also include ApartmentGuide.com, Rentals.com and RentalHouses.com.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Ocean Road Partners is the consulting firm headed by venture capitalist Jon Funk, who has been investing in Southern California for over 25 years, and has been a Managing Director with Allegis Capital since its founding in 1996.

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Staccato Merges With Artimi, Gets $20M

socalTECH

According to Staccato, the funding came from Allegis Capital, Amadeus Capital Partners, Bay Partners, Charles River Ventures, Formative Ventures, Intel Capital, Interwest Partners, Khosla Ventures, Noble Venture Finance, Oak Investment Partners and Vision Capital. and raised $20M in new funding. READ MORE>>

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5 Questions To Consider When Contemplating Advisors

Startup Professionals Musings

Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition. As an alternative, every CEO needs an Advisory Board to help them grow, which they can ignore or fire at their pleasure.

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