Friday, January 2, 2015


Snapchat Raises $485.6M In New Funding
Venice, California-based Snapchat has raised an enormous, $485.6M funding round, according to a regulatory filing from the company on New Year's Eve. Details on the funding have not yet been announced by the company. According to the filing, the funding came from 23 investors, and the first sale in the round was in April. The funding appears to be linked to an earlier reported funding effort by the company this year, led by Kleiner Perkins Caufield & Byers, which reportedly values Snapchat at ov (More info...)
posted on Friday, January 2, 2015(Full story)

What I Learned In 2014: David Cremin, DFJ Frontier
Over the last couple of weeks, we've been featuring the reflections on the last year from folks in Southern California's technology industry. Here, David Cremin, a venture capitalist at DFJ Frontier, shares his thoughts on 2014. What was the most significant event for you or your company this year? Several companies in the Frontier portfolio earned liquidity in 2014, providing significant profits to our partners. This enabled our partnership to raise its third Frontier Fund offering, focu (More info...)
posted on Friday, January 2, 2015(Full story)

What I Learned in 2014: Jeb Spencer, TVC Capital
We've been featuring a few reflections on the last year from a number of movers and shakers in Southern California's technology industry over the last couple of weeks, during the holidays. Today, we have some thoughts from Jeb Spencer of TVC Capital, a private equity investment company in San Diego. What was the most significant event for you or your company this year? 2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we co (More info...)
posted on Friday, January 2, 2015(Full story)