Both Sides of the Table

JULY 25, 2010

First, no matter what anybody tells you (people don’t want to believe that we’re influenced by the crowd), social proof is hugely important in fund raising. So even if you’re not getting funded by everybody you’re instantly on the who’s who radar of the investment world. So how does this apply to you?

Guide 293

Guide Funding Venture Capital Technical Review 293

Both Sides of the Table

MAY 6, 2018

Fund raising. But it’s critical for your business, for you as a leader and people who excel at fund raising have an extreme advantage over those who do not. As a VC I also have to fund raise every three years and these posts 100% apply to VCs raising money, too. It definitely has a “d” in it, as in it’s really not fun, raising.

Funding 236

Funding Venture Capital Startup Entrepreneur 236

socalTECH

APRIL 17, 2013

in a seed funding round. Bitium said it is developing a Software-as-a-Service (SaaS) operating system, offering up everything from authentication and authorization of cloud-based software to features like consolidated messaging for apps. authentication system operating amplify software saas capital venture bitium' READ MORE>>.

SaaS 208

SaaS Seed Funding Venice Venture Capital 208

InfoChachkie

SEPTEMBER 21, 2015

Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. This is where SaaS gets sexy. is du jour. is du jour.

SaaS 100

SaaS Entrepreneur Startup Satisfaction 100

Both Sides of the Table

JULY 27, 2014

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. I believe most LPs still want discipline in fund sizes, fees and focus. Either way it turned into a heated debate.

Venture Capital 309

Venture Capital SaaS Writing Funding 309

Both Sides of the Table

APRIL 20, 2017

Our defensible infrastructure comes from the fact that we now have huge volumes of customer storage earning the equivalent of SaaS revenue and any new entrant would have to invest in the fleet of cars, bins, drivers and warehouses that we now have not to mention 4.5 years of software development.

Technical Review 268

Technical Review Funding Software Review Artificial Inteligence 268

socalTECH

JUNE 29, 2017

We've summarized the funds that have announced new funds in the last nine months or so, or that are in the midst of raising funds--a total of more than $1086 million in total funds. List ordered by fund size). Fund size: $230M fund. Fund size: $100M fund. Fund size: $100M fund.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

socalTECH

SEPTEMBER 24, 2013

Frank Slootman , the CEO of San Diego-based ServiceNow , has invested in a big data startup, as he continues to expand out his angel funding activity. According to Mountain View-based BlueData , Slootman was one of the angels in a new, $15M Series B funding round raised by the company. READ MORE>>.

SaaS 202

SaaS Startup San Diego Venture Capital 202

Both Sides of the Table

SEPTEMBER 10, 2021

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund. just to name a few!

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

DECEMBER 13, 2013

Irvine-based Mavenlink , a developer of a software-as-a-service offering for project management and project accounting, has raised $7M in funding. The funding came from Carrick Capital Partners. mavenlink venture capital saas software project management cloud collaboration' Mavenlink is led by Ray Grainger. READ MORE>>.

Tool 190

Tool SaaS Venture Capital Software 190

socalTECH

MARCH 16, 2017

It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., but a bunch of new, early stage investors looking to seed or fund the next big tech success story. www.watertowerventures.com) Fund size: $5M. Fund size: $40M.

Southern California 138

Southern California Artificial Inteligence Funding SoCal 138

socalTECH

AUGUST 18, 2021

in a seed funding, the company said this morning. The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company. Los Angeles-based PayEngine, a startup developing a white label, payment platform for software-as-a-service companies, has raised $1.6M

SaaS 113

SaaS Seed Funding Los Angeles Platform 113

Both Sides of the Table

MAY 7, 2018

The benefits you will receive from doing even some basic planning before you hit the fund raising trail are enormous. Many points will seem obvious but since I observe many fund-raising processes as a VC I can tell you that most people get even the basics wrong. Let’s say the C list is probably your “safety schools”?—?not

Funding 215

Funding Startup Venture Capital News 215

TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. The new $25 million in Series A investment, led by Alimentation Couche-Tard via its Circle K Venture Fund, will enable Food Rocket to deliver in 26 countries and territories, including more than 7,000 U.S.

Funding 246

Funding Demand Los Angeles Competition 246

socalTECH

MARCH 25, 2021

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

Venture Capital 124

Venture Capital Seed Funding Capital Funding 124

socalTECH

JUNE 11, 2014

Carpinteria-based Procore , a developer of construction management software, has raised $15M in a funding round from Bessemer Venture Partners, the company disclosed today. project saas software management construction capital venture procore' The startup is led by Tooey Courtemanch and Steve Zahm. READ MORE>>.

SaaS 178

SaaS Software Capital Customer 178

TechCrunch LA

NOVEMBER 10, 2018

The SaaS VC gap: China & other markets trail the US. Early-stage SaaS VC slip snaps recovery as public software stocks soar. We’ve called these nine and 10-figure deals, which shine brightly in the media and are hefty enough to bend the curve of VC fund sizes upwards, “ supergiants ” after their stellar counterparts.

Venture Capital 231

Venture Capital SaaS News Los Angeles 231

socalTECH

JUNE 24, 2014

Procore recently raised $15M in a funding round from Bessemer Venture Partners. procore construction management software saas drawings architecture plans android blueprint' READ MORE>>.

SaaS 173

SaaS Software Sites Funding 173

socalTECH

AUGUST 14, 2014

AuditFile , a developer of cloud-based auditing software for CPAs, has raised $3M in a funding round, the company said Thursday. The funding came from Banneker Ventures, Tim Draper, Nas Draper, as well as other angel investors. auditfile venture capital cloud software auditing accounting saas ucla dorm room student' READ MORE>>.

UCLA 170

UCLA Draper Software SaaS 170

socalTECH

APRIL 10, 2014

funding in January. kareo executive cloud medical office software enterprise saas' Kareo is backed by such investors as Greenspring Associates, OpenView Ventures and Silicon Valley Bank, and just raised a bit $29.5M READ MORE>>.

SaaS 159

SaaS Software Funding Develop 159

Both Sides of the Table

MARCH 30, 2016

It is an heroic accomplishment in a brutal fund-raising market in which only market leaders can bring in that sort of money. We started planning our fund raising as much as 14 months ago. Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x

Funding 150

Funding Startup SaaS Venture Capital 150

TechCrunch LA

OCTOBER 29, 2021

Salted , a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. Creadev led the Series A that also included Proof Ventures and B. Riley Financial. The new investment joins with a $4 million seed round raised in May.

Funding 186

Funding Los Angeles Invest Examples 186

TechCrunch LA

SEPTEMBER 10, 2020

million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

Los Angeles 308

Los Angeles Chief Technology Officer Culver City Angel 308

Both Sides of the Table

DECEMBER 11, 2022

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. In a world when LPs benchmark VC performance on a 3-year time horizon from deploying one’s fund (is your 2019 fund in the top quartile!!??)

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Both Sides of the Table

SEPTEMBER 15, 2022

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. How Does the Industry Really Work?

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

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. 4 key areas SaaS startups must address to scale infrastructure for the enterprise. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

InfoChachkie

DECEMBER 16, 2013

This allowed us to create a suite of SaaS solutions under their radar (GoToMyPC, GoToMeeting, GoToAssist, etc.). We eventually sold our company to Citrix, which went on to grow the products into the world''s third largest SaaS offering. Other people are funded''. I''ve seen well-funded companies fall apart.

Competition 254

Competition SaaS Santa Barbara Entrepreneur 254

Both Sides of the Table

NOVEMBER 8, 2011

The tech market is filled with many stories of early-stage funding. Our investments focus heavily on the financial services industry, digital media, mobile applications & infrastructure, SaaS / Cloud and retail innovation. Whatever the outcome, our fund will be ranked in the top 5 funds or top 1% no matter how it’s sliced).

GRP Partners 285

GRP Partners Technical Review Truecar Invest 285

socalTECH

FEBRUARY 5, 2018

Toba Capital , the venture fund run by former Quest Software founder Vinny Smith, has backed reporting and analytics dashboard software developer Grow.com in a $16M Series B funding round. The funding also included Peterson Ventures, Pelion Venture Partners, Kickstart Seed Fund, and HubSpot.

Orange County 157

Orange County Capital Funding Seed Funding 157

Both Sides of the Table

OCTOBER 3, 2011

Even more interesting is that at GRP Partners (the VC firm where I’m a partner) our two most successful returns from our previous fund [which is ranked as the top performing fund in the country for its 2000 vintage according to Prequin] were both run by women! million to launch a SaaS software company and we took $2.5

Entrepreneur 341

Entrepreneur Venture Capital Startup Blogging 341

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing.

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

JUNE 28, 2019

Irvine-based Restaurant365 , a developer of cloud-based accounting software specifically aimed at the restaurant industry, has raised $88M in a Series C funding round, the company said this week. The funding was led by ICONIQ Capital, and also included Tiger Global Management and Bessemer Venture Partners.

Funding 138

Funding Platform Software Capital 138

TechCrunch LA

MAY 31, 2022

It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their respective vintage years.”. Tell me about the traction from your previous funds.

Software 163

Software Startup Venture Capital Funding 163

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.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Both Sides of the Table

AUGUST 20, 2015

VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. It’s subjective.

Funding 150

Funding Venture Capital Startup Marketing 150

socalTECH

NOVEMBER 7, 2019

Kajabi said the funding is its first institutional funding since it launched in 2010. Kajabi, which is led by co-foudner and CEO Kenny Rueter, said the funding will go towards providing its products to users worldwide. As part of the funding, Spectrum Equity's John Connolly and Steve LeSieur will join the company's board.

Equity 138

Equity Funding Training Course 138

socalTECH

DECEMBER 10, 2014

in a Series A funding round, which also include Atlas Venture and The Fabric. appcito venture capital cloud application infrastructure software saas subscription sumant mandal clearstone marchcapital march partners investment' Appcito said this week that it has raised $7.5M March Capital''s Sumant Mandal led the investment round.

Capital 147

Capital Clearstone Southern California Santa Monica 147