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Venice, California-based Viddy , a new startup developing mobile video tools, said today that it has raised $1.6M in a first round of financing, and launched a mobile video creation and sharing tool for the iPhone.
Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M
. “Community underscores everything we do here at Bev, and as such, we will be producing hand sanitizer and distributing it free of charge to the homeless and elderly communities here in Venice, populations who largely have insufficient access to healthcare and essential goods like sanitizer.” Photo by John Moore/Getty Images).
Venice, California-based Snapchat , the developer of the popular social media app, has added $4.5M snapchat venture capital filing social media mobile' in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. READ MORE>>.
Venice, California-based Briabe Media , a mobile marketing firm targeting Hispanic, African, and Asian American consumers, said today that it has raised more than $2M in funding. Briabe Media offers up mobile advertising targeted at ethnic audiences, and is headed by James Briggs. READ MORE>>.
Venice, California- and Helsinki, Finland-based mobile game developer Seriously , the developer behind the title Best Fiends , has raised $18M in a venture funding round, the company said this morning. Seriously is led by mobile gaming veteran Andrew Stalbow. Seriously said it has now raised $28M in funding. READ MORE>>.
Venice Beach-based Snapchat , the developer of a popular mobile application which lets users take "self destructing" mobile photos of themselves that they can send to friends, has raised $13.5M The funding came from Benchmark Capital, led by Mitch Lasky. in a Series A funding, according to multiple reports.
Paul Bricault is Managing Partner at Amplify LA (Www.amplify.la), a hands-on startup accelerator and co-working and community space in Venice. He's also a Venture Partner at venture capital firm Greycroft Partners, and is EVP and a member of the Board of Directors at William Morris Agency, and was Founder of the Mailroom Fund.
Venice, California-based online flower delivery service TheBouqs said this morning that it has raised $6M in a Series A financing, to go towards expansion of its team, delivery outside the US, and scaling of its technology and infrastructure. mobile online delivery floral flower capital venture thebouqs' READ MORE>>.
A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. snapchat legal lawsuit social networking mobile'
Venice, California-based Robin Games , a startup that is developing mobile games aimed at women, has raised $7M in a seed funding round, the company said on Thursday.
Snapchat , the Venice Beach-based startup which has been taking the mobile world by storm with its "self destructing" mobile photos, has just officially launched video into its Android app, just days after announcing a Series A funding round. The new video comes along with new notifications, reliability enhancements, and more.
For example, Lookout is a mobile security company that was founded by three talented graduates of USC. They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. Local capital matters. But talent with no capital is another word for migration.
Tapiture, which is based in Venice, announced this morning that it has raised $825,000 in a new funding round, which will help it accelerate its existing traction, launch its e-commerce solution, and help drive development of new mobile apps. Tapiture is led by John Ellis, and was founded by John and Leo Resig of Resignation Media.
Venice, California-based Mogreet , the mobile marketing firm headed by James Citron, has raised $2.0M Mogreet uses Mobile Messaging Service (MMS), SMS, QR codes, and more in advertising and marketing campaigns for its clients, which include such companies as Nike, ABC, WB, Paramount, Macy's, Gymboree, and many others.
A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. snapchat venture capital investment valuation jamdat' Why did lead investor IVP invest in what most local investors shied away from? READ MORE>>.
Venice, California-based Tecca , the online and mobile site providing articles, reviews, how-to articles, and other information about electronics products, said Monday that it is now reaching over one million unique visitors a month. The site says it is now the largest technology website specifically catering to women.
Venice-based Viddy , the developer of a mobile app used to share videos over social networks, has added a number of celebrities to its list of investors.
Venice, California-based Amplify LA , the startup investor which got its start as one of LA's first startup accelerators, said this week that it has added two new companies-- Kulagy and Tapcart --as part of its portfolio of companies. Financial details of any investment in the two startups were not announced.
Venice, California-based Viddy , a developer of social video sharing applications for mobile phones, has raised $6M in a new funding round. The round was led by Battery Ventures, and also included Qualcomm and Greycroft Ventures. Viddy is headed by Brett O'Brien, best known for co-founding Xdrive.
Venice, California and London-based InAuth , a provider of mobile fraud prevention and mobile application security technology, recently raised $20M in a Series A funding round. The funding came from Bain Capital Ventures. inauth venture capital multifactory security banking finance financial' Lisa Stanton.
Venice, California-based Robin Games , a startup that is developing mobile lifestyle games aimed at women and others, has raised $7M in a seed funding round, the company said on Thursday. The startup, led by Jill Wilson, says it is developing "lifestyle gaming" titles, which run on such platforms as Apple's iOS and Google Android.
Venice, California-based Headspace , the developer of a mobile app that helps people meditate, has raised $34M in a funding round, the company disclosed over the last few days. The funding came from The Chernin Group, and also included Advancit Capital, Allen & Co.,
Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Other big winners are venture investors Benchmark Capital , and General Partner Mitch Laskey , with just over $2.0 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Laskey , with just over $2.0 READ MORE>>.
Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Other big winners are venture investors Benchmark Capital , and General Partner Mitch Lasky , with just over $2.0 Other big winners are venture investors Benchmark Capital , and General Partner Mitch Lasky , with just over $2.0 billion in stock.
Venice, California-based Vetted , a new startup offering up on-demand, veterinary services at your home, has raised $3.47M in seed funding, the company disclosed this week. The funding came from Foundation Capital, Amplify LA, Sterling.VC, and ReImagined Ventures. READ MORE>>.
Venice, California-based startup Vyng , which develops software which turns calls from friends into cute "video ringtones" that show up on your lock screen when a friend calls, has raised $4M in a funding round, the company said on Thursday. Paul Kats is the CEO and co-founder of Vyng. READ MORE>>.
Venice, California-based ZEFR , the content monetization and protection provider, said this morning that it has named Tom Furukawa as its new Head of Product. ZEFR said that Furukawa had most recently founded his own mobile ad company, and has 15 years of experience in the product management and technology development area.
Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”
Venice, California-base CrossCut Ventures , one of the region's earliest believers in the potential of Silicon Beach startups, has raised a new, $75M fund, the firm announced this morning. Notable limited partners in the fund include The John Irvine Foundation and Top Tier Capital.
Venice, California-based Snap Inc. , The new effort is focused on growth-stage and early-stage startups, with an emphasis on improving the reation and delivery of mobile advertising. READ MORE>>.
Venice-based Snapchat has raised $537.6M The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company at around $16 billion. Snapchat has now raised north of $1.15 billion. billion).
Venice, California-based The Bouqs Company , the direct, cut-to-order flower delivery provider led by John Tabis, is announcing today that it has raised $12M in a Series B funding. The Bouqs said the funding came from Quest Venture Partners, Azure Capital Partners and KEC Ventures, along with Enspire Capital and Draper Associates.
Los Angeles- and Sydney, Australia-based Clapit , a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and Paul Siderovski. Clapit, which says it is based in Sydney and has its U.S. READ MORE>>.
Venice Beach-based The Bouqs Company , the online floral delivery startup led by John Tabis, announced this morning that it has raised $24M in a Series C funding, bringing its total raised to a little over $43M. Mark Menell of Partech Ventures joins the company's board as part of the funding.
Venture Capital is a Long Term Game. We moved from our loft in Venice to a new tech campus in Santa Monica. Personally, my work has shifted 80 percent to my mobile device for work communication, text, email and reading. What was the biggest lesson you learned this year? Liquidity and transfer of wealth.
Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.
Venture Capital: Upfront Ventures. Whether the end goal is a functional business app or a mobile-friendly website, philosophie’s modern, open-source approach to development is sure to get the job done. Today’s startup innovators come from about six hours south of Silicon Valley. Social Media: Snapchat.
Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Any change to your investment thesis from your last funds?
Zingle, a Carlsbad, CA-based tech startup targeting the service industry and consumer-facing businesses with its messaging app technology, has raised $3 million in venture capital, according to a regulatory filing earlier this month. The company raised $1 million last year, according to a 2015 regulatory filing.
Mobile App Hackathon (-6/4). MARCH CAPITAL Opens LA Shop with $240M Fund ( link ). Tour RYOT ‘s Venice HQ ( link ). Preparing to speak with Shahin Farshchi of Lux Capital & Seth Gerson of @Survios at @uclaanderson VC event pic.twitter.com/YwqpmyHvYg. QuePasa DTLA. LA Datatech Monthly MixR. Accelerating IoT.
The $17 initial offering price valued the company at about $24 billion , a number that has since risen with the Venice, CA, company’s share price shooting above. Snap (NYSE: SNAP ) priced its IPO shares at $17, higher than the $14 to $16 range it estimated in an SEC filing last month. Read more » Reprints | Share:
And we had these vans and mobile kegs in the back, and we would go to golf courses. So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.” So when I got into venture capital, I thought, “Well, what can I do that’s different?” ” Right?
Last summer, Cameron and Tyler Winklevoss—twins best known for suing Mark Zuckerberg over the origins of Facebook, and who recently formed a venture-capital firm—bought an 8,000-square-foot bachelor pad in the Hollywood Hills for $18 million. VENICE RISING. Venice: 13% | L.A. Derek Wooden. County: 0.9%.
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