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Zag Raises $11.1M More

socalTECH

Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M in a new equity funding round, according to a regulatory filing by the firm Tuesday afternoon. Source and details on the funding have not yet been announced by the company. READ MORE>>.

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SharesPost Raising $3.3M

socalTECH

in a funding round, but appears to also have moved its headquarters to Northern California. in an equity funding round. No details on that funding have been announced by the company. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. As a result many funds are OK with big bets.

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SoCal Investments Totals Around $700M In Q1

socalTECH

However, venture funding totals were still well off the first quarter of 2008's nearly $1.2 billion in funding. However, venture funding totals were still well off the first quarter of 2008's nearly $1.2 billion in funding. Among the top deals for the quarter were an $86.6M

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Interview with Alex Nocifera, Field Day

socalTECH

Alex Nocifera: We're lucky in that we have LA's best seed funds. We weren't working with main street and small businesses, but public and private equity backed companies. So, the old school approach, zig to the zag, is a well timed strategy for marketers. Talk about your financial backing? It's a really crowded, saturated area.

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