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I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. Changes in the Startup Ecosystem. Open source computing, which reduced costs to start a company by 90%. And on and on.
I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). We love all of LA and fund all regions.
Combine that with the growing startup community here, and you end up with at. We've compiled a list of five of the startups that are revolutionizing some part of music, based here in Southern California. It specifically does NOT play Top 50 music, instead, helping the audience explore and find up and coming music.
Of course this can be done and of course I am a big proponent of the rise of startup centers across the country as the Internet has moved from the “infrastructure phase” to the “application phase” dominated by the three C’s: content, communications and commerce. ” But I think this misses the point.
Venice, California-based startup incubator Amplify LA , the startup accelerator headed by Paul Bricault and Richard Wolpert, disclosed today that it has raised $8M in a second investment fund for its companies. capital venture startup incubator angeles amplify' READ MORE>>. READ MORE>>.
I think that’s one of the reasons that many of the most interesting bay area startups are choosing to locate themselves in the city. And make-up artists. One of the major trends I’ve outlined is this movement of entrepreneurs (and as a lagging indicator venture funds) to more urban environments. And sound engineers.
Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S.,
Venice, California-based startup accelerator Amplify.LA is in the midst of raising a new fund, Amplify.LA The filing lists Paul Bricault and Oded Noy as Managing Members of the new fund. in three earlier funds, all for investing in the various startups which it puts through its programs in Venice.
Venice-based Amplify recently close a third, early stage investment fund of $10M, as part of its efforts to accelerate startups in the Los Angeles area. Amplify, which operates its own startup accelerator in Venice, had previously been investing $12.6M raised in its prior two funds. READ MORE>>.
Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.
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. 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 comedy startup Laffster said this morning that it has raised $750,000 in a funding round, which came from Greylock Partners, Howard Lindzon, Adam Nash (LinkedIn), Chris Williams (Maker Studios), Samer Hamadeh (Vault.com), Christopher Grey (CapLinked), Sonny Singh (Jumio), and The Paradigm Agency, along with others.
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. LA By The Numbers. It is different. More substantive.
Venice Beach-based Bitium , a new startup out of LA''s Amplify accelerator, announced this morning that it has raised $2.4M in a seed funding round. Kriz was formerly VP of Product at Fastpoint Games, and also was involved in software consultancy 5Desks and cloud DevOps firm One Cloud Systems.
Venice, California-basd Epoxy --which was built by former executive from Team Downey--has launched a brand new set of tools aimed at helping online video creators use social media, and also disclosed a funding round. The startup is led by Juan Bruce, and was co-founded by fellow Team Downey executive Jason Ahmad. READ MORE>>.
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 Fifth Wall Ventures , a brand new venture capital firm focused on investing in real estate technology, announced this week that it has raised a new, $212M venture capital fund.
Los Angeles-based Club W , the subscription wine club service out of the Amplify accelerator in Venice, disclosed today that it has raised $3.1M in a Series A funding round. Adam Goldenberg joins the company's board as part of the funding.
The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California.
Amplify , the startup accelerator program being run by Paul Bricault in Venice Beach, has tied with a cloud computing provider, Joyent , the two said this morning. Amplify has a 10,000 square foot office in the Venice Beach area, and also offers up to $50,000 in startupfunding to its companies.
One way might be to try out GrubTonight , a newly launhced iPhone application from Venice-based Grubwithus, which allows users to find organized dinners in a local area, reserve a seat, and meet others at meals. The firm raised $5M in a venture funding round back in May of last year, and earlier had raised $1.6M READ MORE>>.
We caught up with Rachel recently to hear more about the company. How is your company funded, and where are you now? Rachel Payne: We have been around for a couple of years, and have raised a round of funding. Part of the difference is we use video recommendations as a starting point, not and end point. What is FEM?
Venice, California-based venture capital investment fund Fifth Wall Ventures , has just received a sizeable commit into its second fund, Fifth Wall Ventures II , according to a regulatory filing by the company. raised out of a $500M targeted fund size, up from an earlier $100M in raised for the fund in June of 2018.
Both Howard Lindzon and Dave Samuel are joining the firm's board as part of the funding. Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site.
Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 percent, Year-over-Year. raised, from $2.8M in the prior quarter. READ MORE>>.
venice-based Stackin' , a startup which helps consumers start saving and making investments, has raised $4.0M in a funding round, according to a regulatory filing from the company this week. Details on the funding have not yet been announced.
Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details on the round have not been announced. READ MORE>>.
Venice, California-based Bitcoin startup Gem has raised $2M, to make Bitcoin easier to use for developers, the company said this week. The funding was co-led by First Round''s Howard Morgan and Jai Choi, of Tekton Ventures. Crypto Currency Partners, QED Associates, and Angel investor James Joaquin.
Venice, California-based Viddy , a new startup developing mobile video tools, said today that it has raised $1.6M the funding round came from Battery Ventures, Bessemer Ventures, Qualcomm, and angel investors including Jarl Mohn and early team members from YouTube.
My biggest takeaway this year was truly understanding the strength and cohesion of the Los Angeles startup community. There was no monetary reward for those who participated (and Startup Boost does not take fees or equity from the companies that we help). What was the biggest lesson you learned this year?
NextSpace , the co-working space developer which has locations in Culver City and Venice, announced this morning that it has raised $825,000 more in a funding round, to go towards expansion in Northern California.
Kevin Winston , is the organizer of Digital LA , the popular and widely attended networking organization for the Los Angeles startup, web, movie, music, marketing, and social media community. Accelerators and coworking spaces will continue to be the foundation for our growing startup scene.
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. Wilson previously worked at Jam City. READ MORE>>.
Venice, California-based startup accelerator Amplify.LA has kicked off fundraising for a third fund, Amplify.LA in funding for the third fund. is an investor in a host of LA startups, including HelloTech, StackSocial, Vadio, Gem, and many others. Capital III , according to a regulatory filing from the firm.
Venice-based CitizenGlobal , a startup working on crowd-sourced video content, has landed the inventor of the web wiki as Chief Technology Officer. in a stealth funding last August. The news was first uncovered by The Oregonian , a Portland paper, which noticed Cunningham had departed AboutUs, a Portland wiki firm.
Venice, California-based Amplify.LA, the startup incubator and investor led by Paul Bricault and Oded Noy, has launched an effort to raise $50M in a new venture capital investment fund, Amplify.LA The fundraising effort apparently just started, and was disclosed in a regulatory filing by the firm on Wednesday. Amplify.LA
Venice, California-based Snap Inc. , the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. 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. READ MORE>>.
Venice Beach-based Amplify , a new startup accelerator headed by Paul Bricault and Richard Wolpert, has uncloaked itself this morning, the latest in a string of startup accelerators in Southern California. Bricault is a Venture Partner at Greycroft Partners, and Wolpert was most recently at the Mailroom fund.
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. Managing Directors of the new fund are Rick Smith, Brett Brewer, and Brian Garrett, along with new addition Clinton Foy.
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. The company lets users order flowers via iOS and Android apps, plus via the its website.
Venice, California-based Riot Ventures , led by Stephan Marcus and William Coffield, has launched an effort to raise $75M for its second venture capital fund, the firm disclosed this week in a regulatory filing.
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.
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