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The Trade Desk Launches Venture Capital Arm, Makes First Investment

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Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups.

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Southern California VC Totals Drop To $810.5M In Q1

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in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Southern California venture totals were down significantly from the $1.38 Southern California startups raised $810.5M was invested.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

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James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Tim Cadogan , OpenX (Pasadena, advertising). Asher Delug , Airpush (Los Angeles, advertising). Alon Goren , Invested.in (Los Angeles/Ventura, crowdfunding). Jerry Jao , Retention Science (Los Angeles, analytics/advertising).

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The Trade Desk Raises $125M In Credit Facility

socalTECH

Ventura, California-based The Trade Desk , the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The companysaid that it will use the new funding for global expansion initiatives and for working capital. The revolving credit facility was led by Citibank N.A.,

Ventura 100
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The Trade Desk Quietly Pushes Past $200M In Revenues

socalTECH

Ventura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk , the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region.

Ventura 100
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Connexity Gets $2M In Credit Line

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Ventura-based Connexity , a developer of Internet advertising and targeting technology, announced today that it has secured $2M in a debt financing. Connexity said the line will go towards additional working capital, to accelerate its growth. The financing came from Silicon Valley Bank.

Ventura 154
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Ebyline Raises $5.0M

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Ebyline was founded by Bill Momary, a former Advertising VP at the Ventura County Star, and Allen Narcisse, who has previously served at the LA Times, among other companies. Details on the funding have not yet been announced by the company. Ebyline has previously raised funding from E.W. Scripps Company. READ MORE>>.