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I was on This Week in VentureCapital (TWiVC) again this week with Jason Calacanis. 2.6mm in Series A : Canaan , Anthem. 6mm in Series B - Benchmark Capital ( Bob Kagle ); with participation from insiders New Atlantic Ventures and angels Ron Conway and Ed Scott. In my mind, not a typical VC investment.
Two Los Angeles area venturecapital firms have re-upped their investments in a provider of identity management software. in its new round of funding, which was led by Emergence Capital Partners. Other investors, aside form Anthem and DFJ Frontier, were RPM Ventures, Tim Draper, and Square 1 Bank.
I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. It brings together events and content for Los Angeles.
I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. It brings together events and content for Los Angeles.
For several years, the phrase "Los AngelesVenture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. READ MORE>>.
This was really a fun week at TWiVC because we decided to have an entrepreneur come and talk about raising capital rather than having a VC come on. In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. OTHER DEALS: 1.
Jason Calacanis , CEO of Santa Monica-based Internet search site Mahalo , has signed on several angels for his new angel group, the Open Angel Forum - Los Angeles. Coffin is the founder of LowerMyBills, Dayton is the founder of Earthlink, and Woodward is a venture capitalist at AnthemVenture Partners.
A number of Los Angeles investors are behind a first round of funding today for Panna , a developer of a video cooking magazine for the iPad and iPhone. Anthem and Launchpad LA are in Los Angeles. panna cooking ipad iphone mobile food foodie venturecapital' READ MORE>>.
San Diego-based Embarke has raised $1.25M in a funding round, which the company''s founder said came from a number of venture capitalists and angel investors. embarke venturecapital funding seed email marketing optimization' The company is led by Al Bsharah. READ MORE>>.
An analysis of Q2's venturecapital deals and investment activity in Southern California find that venture capitalists invested around $1.6 The most active investors in the region, by number of investments, were the Tech Coast Angels (9 tracked deals); followed by clean tech investor Angeleno Investors (3 deals).
Viewdle , the developer of cross platform, facial recognition technology backed by Santa Monica-based AnthemVentures, has scored another round of funding, worth $10M, according to Viewdle. Viewdle has some amount of its operations in Los Angeles, including finance and business development. READ MORE>>.
For venturecapital investors and entrepreneurs, used to making the commute between Silicon Beach and Silicon Valley, the distance--and time--between the two technology centers has just dropped, thanks to the launch of Surf Air , an all-you-can-fly membership airline. READ MORE>>.
A quick analysis of venturecapital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. Interestingly, only Redpoint, Domain, Anthem, and DFJ Frontier have local offices in Southern California.
The round was led by Canaan Partners and also included AnthemVenture Partners and un-named angels. Tags: tweetphoto venturecapital twitter social networking software photo photography tweet. According to the firm, the new funding will go to introduce new products and to expand its developer relations program.
I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers.
Los Angeles-based Scopely , the startup co-founded by Eytan Elbaz , Eytan Elbaz , Walter Driver and Ankur Bulsara, which is developing social and mobile games, said this morning that it has raised $8.5M It looks like all that bacon paid off.
in a funding round, from AnthemVenture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital. The company says it already has more than 20 engineers in its Los Angeles offices. videoamp video advertising venturecapital ross mccray' READ MORE>>.
Los Angeles-based AdventureLink , the new adventure travel booking site run by Kelly Tompkins, announced this morning that it has acquired a competitor, Adventure Central. According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital. Financial terms of the acquisition were not disclosed.
A new, venturecapital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at AnthemVenture Partners--apparently are aiming at early growth capital investment in software companies.
Los Angeles-based FileTrek , a developer of cloud-based, enterprise, file sharing and tracking software, said today that it has raised $10M in a Series B funding round. The round was led by AnthemVenture Partners, Telesystem, and the Ontario Emerging Technologies Funds. READ MORE>>.
Los Angeles-based Cocodot , the online invitations service run by former MySpace exec Shawn Gold, has raised $4.25M out of an ongoing $6.0M The firm has previously received funding from AnthemVentures, Mailroom Fund, and Rincon Venture Partners. funding round, according to a regulatory filing from the firm.
Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.
The round came from AnthemVenture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm and Social Starts, and angels Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling and Dan Murray.
Los Angeles-based AdventureLink , which operates an online booking system for adventure travel, announced today that it has raised a Series A funding for the firm. The funding came from AnthemVenture Partners and The Mail Room Fund. Tags: travel adventurelink mailroom venturecapital adventure fund. READ MORE>>.
Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M According to the company, the funding round was led by Focus Ventures, and also included AnthemVentures, New Enterprise Associates, Redpoint Ventures, and Sutter Hill Ventures.
Zag has previously received venturecapital from such firms as AnthemVentures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. The firm did not say what drove the growth, and did not provide any financial details on its sales or profitability.
However, for today''s interview, we''ve decided to venture a bit farther afield--talking to Samit Varma , founder of Los Angeles-based pizza franchise Pizza Studio (www.pizzastudio.com). How did you go from venturecapital to running a franchise restaurant chain? It''s very nuts and bolts, and very fundamental, in a way.
The fact is most start-ups that generate a positive return for their investors are acquired by corporations or financial institutions and the average time it takes a VC to make a return on their investment is more than eight years. So, whether an entrepreneur raises money or not, they have to have a long-term vision.
Los Angeles-based membership-based airline Surf Air said Wednesday morning that it has acquired RISE , a Texas-based membership airline. Financial terms of the acquisition were not announced by the companies. Surf Air said the expansion would unlock new growth opportunities in California, Texas, and beyond. READ MORE>>.
PricewaterhouseCoopers and the National VentureCapital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 San Diego led in the report for the quarter, with $205M in 24 deals; Los Angeles had nearly $198.6M billion was invested in 3,808 deals in the fourth quarter of 2008. in 10 deals.
I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. That’s typically not the case in Los Angeles. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.
Indiana is home to the global headquarters for Anthem, Cook Medical, Dow AgroSciences, and Eli Lilly and Company, as well as the North American headquarters for Roche Diagnostics. Notable university spinouts include Angel Learning, Endocyte, and Marcadia Biotech.
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