TechCrunch LA

SEPTEMBER 13, 2021

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. The acquisition is not the first for SpotOn, which also acquired SeatNinja earlier this year.

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Technical Review Software Review Invest Acquisition 296

socalTECH

MARCH 18, 2014

Irvine-based Bitvore , a startup developing big data and intelligence-gathering software which pulls information from both public and private data sources for businesses, said this morning that it has closed a $4.5M, Series A funding round. The funding was led by serial entreprenur Yuri Pikover, as well as $1M from crowdfunding.

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Software IBM IBM Social Media 227

socalTECH

OCTOBER 1, 2020

The acquisition of Venice, California-based Signal Sciences --worth $775M--by Fastly , has officially completed, Fastly said on Thursday. Fastly announced the acquisition of Signal Sciences in August. Fastly announced the acquisition of Signal Sciences in August. LLC, Union Square Advisors, as well as Cooley LLP.

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Acquisition Venice Web Platform 100

L.A. Business Journal

MARCH 22, 2021

announced March 15 that it plans to raise $350 million in a private debt offering that will partially fund its planned acquisition of SpotX Inc. Advertising technology company Magnite Inc.

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Funding Advertising Acquisition Technology 130

socalTECH

FEBRUARY 4, 2020

more in funding, the company announced on Tuesday. The funding came from prior investor Crosscut Ventures. Retina develops customer lifetime value software which companies used to determine how much their customers are worth to them, helping them to optimize their cost-per-acquisition. Los Angeles-based Retina has raised $2.5M

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Dollar Shave Club Funding Customer Custom 113

socalTECH

SEPTEMBER 8, 2020

Costa Mesa-based Strategic Data Center Fund Manager , which acquires data center real estate, says it has secured $200M in a credit facility, from Sunflower Bank. Strategic Data Center said the first $25M of the line of credit will go to facilitate the acquisition of a data center property. Bryan Marsh is CEO of Strategic Data Center.

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socalTECH

NOVEMBER 10, 2020

(Romeo Power) has raised new funding from recycling and solid waste company Republic Services. According to Romeo Power, Republic Services has exercised its option to acquire additional shares of Class A common stock in RMG Acquisition Corp. Romeo Power is in the midst of an acquisition by RMG Acquisition Corp.,

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Services Funding Acquisition Class 113

socalTECH

JANUARY 6, 2014

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.

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Legalzoom Glendale Equity Acquisition 231

SoCal CTO

NOVEMBER 19, 2012

Acquisitions and competitors can often yield startups that took similar approach to how they rolled out, had some success. My suggestion would be to not necessarily target Groupon itself, but more of the competitors and acquisitions. Funded is a good word to use. Former people can be a wonderful source of information as well.

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Startup Examples Acquisition Ideas 301

socalTECH

MARCH 28, 2019

San Diego-based treasury and finance software developer Kyriba announced late Wednesday that it has raised $160M in a growth funding round, from private equity investor Bridgepoint. According to Kyriba, the investment round will give Bridgepoint a majority stake in its business, and values the company at $1.2 READ MORE>>.

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Equity Funding San Diego Software Development 124

socalTECH

JANUARY 10, 2022

As part of the acquisition, mPulse Mobile said it has received a growth investment from growth equity firm PSG, along with existing investors Optum Ventures, OCA Ventures, HLM Venture Partners, Echo Health Ventures, SJF Ventures and Bonfire Ventures. Details of that funding were not announced by the company.

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Mobile Funding Equity Acquisition 113

Both Sides of the Table

JUNE 28, 2018

This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird. But it is even more rare for a company to do that while also scaling its revenue at such an impressive clip and with no paid customer acquisition. Bird is the natural evolution in billion-dollar++ outcomes in LA.

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Santa Monica Funding Startup Course 256

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. As a former angel investor, I look for this level of alignment and understanding in every funding presentation I hear. It forces you to bridge the gap between idea and execution.

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TechCrunch LA

JUNE 10, 2021

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski.

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Los Angeles Funding CIO Marketing 266

Both Sides of the Table

NOVEMBER 9, 2012

There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” Bimodal returns are a fallacy, many great VC funds are built on the power law curve. Both can hurt you in an acquisition. Often it does.

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Startup Technology Venture Capital Santa Barbara 323

socalTECH

MARCH 26, 2014

Oculus VR is led and was co-founded by Brendan Iribe, and had raised around $91M in funding from Andreessen Horowitz, Formation 8, Matrix Partners, and Spark Capital. facebook acquisition merger hardware headset reality virtual oculus' The company had been founded in 2012. READ MORE>>.

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Both Sides of the Table

OCTOBER 25, 2014

Fund Raising – No self respecting VC would admit (even to themselves) that they are influenced by what they read about you in the press. It’s much hard to get funded as a company nobody has heard of. Customer Acquisition - I left customer acquisition for last intentionally. PR pays dividends in Biz Dev.

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Press Google Course Writing 415

socalTECH

MARCH 3, 2020

in an equity financing, and also entered into a reverse merger with an entity called Peninsula Acquisition Corporation. Transphorm said the funding came from existing investors, including an affiliate of Kohlberg Kravis Roberts & Co. According to Transphorm, following the merger, Peninsula changed its name to Transphorm, Inc.,

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socalTECH

NOVEMBER 19, 2021

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. Size of the funding was not announced. The company said the acquisition is its fifth acquisition to date.

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Funding Entertainment Acquisition Equity 100

Both Sides of the Table

SEPTEMBER 15, 2022

What You Can Learn From Public Markets It doesn’t really take a genius to realize that what happens in the public markets will filter back to the private markets because the ultimate exit of these companies is either an IPO or an acquisition (often by a public company whose valuation is fixed daily by the market).

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Venture Capital Marketing Technical Review Seed Funding 416

Both Sides of the Table

APRIL 14, 2012

.” And because most startups have 12-18 months’ cash-on-hand at any point in time (usually less that 1 year, actually), the age old neurosis of whether to fund raise now or “wait and see what buyers might propose” comes up. Your $200 million “small acquisition” is a cool 60% of all of their cash.

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Venture Capital Pricing Social Network Acquisition 316

Startup Professionals Musings

APRIL 17, 2023

Thus your startup maturity and growth stage is the primary key to success with potential funding sources. My invention and prototype works, but I need funding to continue.” Tune your investor pitch and funding expectations accordingly. This is the exit stage for the entrepreneur, and for all earlier investors. Marty Zwilling

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Funding Startup Ideas Equity 125

socalTECH

OCTOBER 14, 2020

Santa Barbara- and New York-based Lead Edge Capital , a growth focused, technology investment fund, announced this morning that it has raised $950M in a new fund, Lead Edge Capital V, LP. The company said the funding came from over 500 existing and new limited partners, and was oversubscribed and closed at its hard cap.

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Capital Funding Santa Barbara Equity 100

socalTECH

FEBRUARY 20, 2019

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. The company had raised around $9M in total funding, and had been part of the EvoNexus startup incubator.

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Tech Coast Angels San Diego Incubator Education 172

TechCrunch LA

FEBRUARY 19, 2020

Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.) and to raise bigger rounds of funding (like the voiceover video production toolkit, MuzeTV, and the animation studio Toonstar).

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Artificial Inteligence Social Network Los Angeles Snapchat 331

Both Sides of the Table

MARCH 11, 2014

Last week displayed the best of LA last week for a gala event of all of Upfront’s portfolio companies + the CEOs of many of LA’s top technology companies + 75 VC firms from LA, SF, NY & Boston + 25 LP Funds + the Chairman of Yahoo! Burstly is a Santa Monica-based team that I also proudly funded.

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Startup Santa Monica Snapchat Yahoo 318

Both Sides of the Table

FEBRUARY 7, 2013

RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides. But Ethan had left by the time of the acquisition. We generally have a policy to only fund entrepreneurs once the first version of a product has shipped or it near to shipping. Nice sweep! He was seeking $500k.

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CTO Coach Google CTO Hire Yammer 359

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

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Technical Review Startup Marketing San Diego 343

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Identify your intellectual property or “secret sauce.”

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Funding Template Resource Competition 132

socalTECH

FEBRUARY 28, 2018

According to Phunware , a developer of mobile application lifecycle management software, it has been acquired by Stellar Acquisition II , which is listed on the NASDAQ Stock Market. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers. READ MORE>>.

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Draper Acquisition Entertainment Mobile 153

TechCrunch LA

MAY 25, 2019

Liquid Death has attracted nearly $2 million in funding from angel investors like Away co-founder Jen Rubio and Twitter co-founder Biz Stone. Bev , a canned wine business that recently raised $7 million in seed funding from Founders Fund, thinks marketing in the alcohol industry is the problem. pic.twitter.com/DMEg88t4iO.

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Startup Venture Capital Newsletter Tips 223

Both Sides of the Table

SEPTEMBER 1, 2016

Rolf Winkler wrote a piece in the WSJ about A16Z’s returns in which he says they “lag behind Sequoia, Benchmark and Founders Fund.” Scott Kupor of A16Z responded with a comprehensive overview of valuation methodology in a post that while accurate feels more targeted at sophisticated Limited Partners (LPs) who invest in funds.

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Venture Capital Invest Funding Competition 264

socalTECH

SEPTEMBER 20, 2017

The funding was led by Rincon Venture Partners, Wavemaker Partners, Frontier Venture Capital, and Apex Ventures. Financial details of the Dart Music acquisition was not announced. Los Angeles-based HAAWK , a new startup focused on rights management, copyright enforcement, and content monetization, has raised $2.5M

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Startup Venture Capital Content Google 177

Both Sides of the Table

MARCH 12, 2013

So I began talking to him about joining the fund. It was perfect timing since in 2012 GRP raised its fourth fund bringing our total assets managed to nearly $1 billion. One of his biggest accomplishments there was championing the acquisition of StubHub. Community builders. Open & transparent. Approachable. He was stubborn.

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Venture Capital GRP Partners Startup Invest 360

socalTECH

JANUARY 26, 2021

Los Angeles-based Clash, a startup that focuses on helping creators with monetization tools, said this morning that it has received a new funding round, and acquired the short-form video app Byte. Size of the funding was not announced. The company said it also received funding from M13 Ventures and Plug and Play.

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Funding Los Angeles Tool Help 113

Both Sides of the Table

MAY 23, 2012

There are obvious reasons the industry has had less-than-desirable returns, including: massive over-funding of the sector, huge increases in inexperienced venture capitalists that took a decade to peter out, and the massive correction in the value of the public stock markets that closed many exit opportunities for half a decade.

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Venture Capital Capital Technical Review Startup 347

TechCrunch LA

AUGUST 30, 2022

That includes bttn , which raised $20 million in Series A funds in June for its medical supply marketplace enabling doctors to get supplies they need faster and at better costs. The funding gives the company fuel to grow as it expands into the U.S. and continues development of its full-body suit. “The

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Develop Development Venture Capital Startup 257