socalTECH

NOVEMBER 13, 2013

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal.

Snapchat 210

Snapchat Report Southern California Journal 210

socalTECH

MAY 3, 2017

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.

Invest 124

Invest Funding Venice Venture Capital 124

socalTECH

APRIL 12, 2017

Wallach on investments out of a new fund, Inevitable Ventures. How did you end up here in Los Angeles doing investments? Coincidentally, that was the exact same time in 2009 when I moved out, when Ashton Kutcher started first investing. Ron chose me to manage those investments. We brought in a third partner, Guy Oseary.

Invest 157

Invest Startup Hollywood Echo Park 157

socalTECH

JULY 18, 2013

in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. Those numbers reflected a drop from Q2 of last year, when there was $868.98M in investments across 97 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M in investments across 90 deals.

Southern California 187

Southern California Venture Capital Tech Coast Angels Capital 187

socalTECH

MAY 20, 2014

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.

Downey 207

Downey Tool Bertelsmann Help 207

socalTECH

AUGUST 27, 2014

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. snapchat venture capital rumor valuation kpcb investment messaging social networking' READ MORE>>.

Snapchat 168

Snapchat Report Social Network Funding 168

Both Sides of the Table

JUNE 8, 2014

A move to more urban environments (SF over SV, Cambridge over Waltham, London over Thames Valley, Santa Monica / Venice, Flatiron and so forth) as basically young people want to live where young people want to live. We have invested $17.3 So the startup work moves to where the startup founders live and not vice versa.

Startup 390

Startup Venture Capital Capital Funding 390

socalTECH

JANUARY 17, 2018

Venice, California-based startup accelerator Amplify.LA in three earlier funds, all for investing in the various startups which it puts through its programs in Venice. in three earlier funds, all for investing in the various startups which it puts through its programs in Venice. READ MORE>>.

Funding 133

Funding Venice Invest Startup 133

socalTECH

AUGUST 15, 2012

Venice-based Movieclips , the online movie clips site and content site founded by Zach James and Richard Raddon, said today that it has raised $18.9M The company said the name change comes as it begins to expand into television, music, and sports content, and starts its international expansion and further invests in new technology.

Venice 178

Venice Content Venture Capital Sites 178

socalTECH

OCTOBER 6, 2016

Venice-based instant messaging company Snap Inc. Snapchat has been rumored to have been working on an IPO for several months now, and had been looking to choose an investment bank for the offering earlier this year. otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. READ MORE>>.

Snapchat 157

Snapchat Report Venice Invest 157

L.A. Business Journal

JULY 17, 2019

Venice-based Fifth Wall Ventures has raised more than half-a-billion dollars for a new fund, among the largest ever raised in Los Angeles.

Venice 113

Venice Funding Invest Los Angeles 113

socalTECH

MARCH 5, 2013

To that end, Venice-based Epoxy announced this morning that it has raised $2M in a funding round, to help build out its product suite to help grow, engage, and monetize online video channels. The new round was led by GRP Partners, which adds Mark Suster to Epoxy's board of directors.

Bertelsmann 191

Bertelsmann Downey GRP Partners Southern California 191

socalTECH

MARCH 7, 2018

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. READ MORE>>.

Companies 147

Companies Company Venice Commerce 147

socalTECH

AUGUST 14, 2013

NextSpace operates two locations in Southern California, including NextSpace @ Amplify along Venice Beach, and NextSpace Los Angeles. The investment came from a Chicago real estate and private equity investor, Lakewest, along with angels.

Acquisition 159

Acquisition Southern California High Tech Venice 159

socalTECH

APRIL 23, 2012

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. Amount of the new investment from the various celebrities was not announced. Viddy is headed by JJ Aguhob and Brett O'Brien. The firm's mobihle app runs on the iPhone. READ MORE>>.

Venice 153

Venice Social Network Mobile Networking 153

Both Sides of the Table

JULY 10, 2012

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. These days it’s Santa Monica and Venice. In LA companies used to be concentrated near Pasadena or in the San Fernando Valley.

Technology 313

Technology Rustic Canyon Cloud Computing Beverly Hills 313

socalTECH

SEPTEMBER 4, 2009

According to the report, the firm's Venice offices were shut to save money on overhead for the firm, with partner Gordie Nye continuing to work here out of his home office. Prism's SoCal investments include Mota Motors, Six Degree Games, ibeatyou, and Comedy.com.

Los Angeles 140

Los Angeles Angel SoCal Southern California 140

socalTECH

FEBRUARY 12, 2014

tapiture venture capital angel investment social sharing photos products style' Tapiture said the new funds will go towards growth, towards international expansion, and to help build merchant partnerships. Tapiture said that Randall Kaplan, co-founder of Akamai, will join its board of directors as part of the funding. READ MORE>>.

Seed Funding 147

Seed Funding Funding Venice Venture Capital 147

Both Sides of the Table

JUNE 27, 2013

Santa Monica is the place where the highest concentration of early-stage startups are created if you consider also the contiguous geography of Venice Beach. Like many modern VCs, we’re committed to investing in the community and in our portfolio companies. We chose a location that fit our style. See what we did there?

Funding 343

Funding Santa Monica Venture Capital Startup 343

socalTECH

DECEMBER 14, 2011

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. Amplify said it will invest in companies at the intersection of technology and entertainment. It looks as if Amplify has $4.5M

Southern California 145

Southern California Seed Funding Venice Class 145

socalTECH

DECEMBER 6, 2017

The fund is the fourth for CrossCut, which focuses on seed-stage and Series A investments, and is worth more than the combined total of the firm's prior three funds. Photo: CrossCut's team at a local taco truck in front of its offices in Venice. CrossCut says that, so far, it has 11 exits out of its three prior funds. READ MORE>>.

Funding 133

Funding Venice Invest Los Angeles 133

socalTECH

OCTOBER 3, 2011

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.

Fandango 140

Fandango Technical Review Venice Yahoo 140

socalTECH

JULY 26, 2019

venice-based Stackin' , a startup which helps consumers start saving and making investments, has raised $4.0M Stackin' says it already has over 500,000 users who use the service to save money and to start investing, all via text messaging. in a funding round, according to a regulatory filing from the company this week.

Startup 113

Startup Venice Invest Funding 113

socalTECH

APRIL 19, 2017

Venice, California-based startup accelerator Amplify.LA AmplifyLA pointed out that the seed deals were in contrast to the bigger picture, where venture capital investments were up 15 percent nationally--but pointed out that those gains were driven by "mega-deals", rather than seed funding. percent from Q4 of 2016, and 43.8

Seed Funding 124

Seed Funding Funding Venice Venture Capital 124

Both Sides of the Table

MAY 7, 2013

This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. Dana Settle (Greycroft) & I had led the first round of investment in the company in 2010 and we were looking for smart media investors to join us as investors in the company.

Media 320

Media CTO Coach CTO Hire Los Angeles 320

socalTECH

NOVEMBER 1, 2012

Dollar Shave Club is based in Venice. Dollar Shave Club is one of the company's spawned out of Science, Inc., and burst onto the scene earlier this year with a highly viral, campy video with Dubin touting the company's razor blades. The company offers up monthly, subscription delivery of razor blades for men. READ MORE>>.

Dollar Shave Club 164

Dollar Shave Club Services Venice Funding 164

socalTECH

MARCH 3, 2017

NBC Universal has invested $500M, as part of the big IPO of Venice-based Snap Inc. NBCUniversal said the IPO investment was part of a strategic investment and partnership. yesterday, the company disclosed on Thursday.

Venice 100

Venice Invest Report Marketing 100

socalTECH

APRIL 3, 2018

A report, published Tuesday by CNBC, says Venice, California-based Snap is in advanced talks to set up a new office in Saudi Arabia. Details on the rumored deal between Snap and Saudi Arabia have not been released, and it's unclear what, if any, investment by the kingdom would be made in Snap, the parent firm of Snapchat.

Southern California 113

Southern California Report Snapchat Venice 113

socalTECH

FEBRUARY 19, 2020

Venice-based Snap announced the third class of its Yellow startup accelerator class on Wednesday, naming ten companies to participate in its annual 14-week program in Los Angeles. Snap says that those 10 companies were receive $150,000 in equity investments, mentorship from Snap and others, space in Los Angeles, as well as other support.

Class 127

Class Venice Los Angeles Equity 127

socalTECH

OCTOBER 17, 2018

Investments in two local, Mojave-based companies-- Virgin Galactic and Virgin Orbit --are on hold this week, after the mysterious disappearance--and suspected murder==of journalist Jamal Khashoggi last week. Khashoggi, a journalist based in the U.S. and working for the Washington Post. percent--back in August.

Venice 113

Venice Invest Los Angeles Funding 113

socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

FEBRUARY 2, 2021

Venice, California-based StackCommerce, which develops a white-label marketplace which is used by publishers and brands to help connect people with products, has been acquired by Integrated Media Company (IMC), itself owned by private equity investor TPG. Financial terms of the acquisition were not announced.

Venice 113

Venice Commerce Equity Acquisition 113

socalTECH

SEPTEMBER 25, 2020

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. READ MORE>>.

Venture Capital 113

Venture Capital Capital Funding Venice 113

socalTECH

AUGUST 8, 2018

Venice-based Snap Inc. , Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M percent stake in the company. READ MORE>>.

Venice 100

Venice Snapchat .Net Invest 100

socalTECH

APRIL 8, 2019

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. According to the filing, the company now has $468.0M READ MORE>>.

Funding 113

Funding Southern California Venture Capital Venice 113

socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. snapchat venture capital investment instant social messaging rumor' READ MORE>>. READ MORE>>.

Snapchat 100

Snapchat Report Venice Funding 100

socalTECH

MARCH 9, 2015

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. Kingdom Holding Company did not reveal any other details of the possible investment. READ MORE>>.

Snapchat 100

Snapchat Funding Social Media Venice 100