Advertisement
YOU ARE HERE: LAT HomeCollectionsVenture Capital
IN THE NEWS

Venture Capital

FEATURED ARTICLES
BUSINESS
April 9, 2012 | By Tiffany Hsu
Venture-capital fundraising in the U.S. plummeted 35% in the first quarter of 2012 - but the industry is hoping investors are just taking a breather before they begin pledging more funds in earnest. The total pot at the end of the quarter was $4.9 billion raised by 42 separate funds, including ones from Canaan Partners and Bain Capital Ventures. That's 9% fewer participating funds than the same quarter a year earlier, which raised $7.6 billion. The new data from the National Venture Capital Assn.
ARTICLES BY DATE
BUSINESS
April 18, 2014 | By Chris O'Brien
Across Silicon Valley, venture capitalists and entrepreneurs are busy chanting: "Not a bubble. Not a bubble. Not a bubble. " But with venture capital numbers reaching levels not seen since the dot-com bubble days, the question of whether things in Silicon Valley are a bit too frothy is getting harder to dismiss.  PHOTOS: Top 5 tech acquisitions of 2014 so far According to the latest MoneyTree report released Friday, venture...
Advertisement
BUSINESS
June 20, 2012 | By Tiffany Hsu
Peter Thiel, a PayPal co-founder and early Facebook investor, is launching a $402-million venture capital fund focused on mid-stage companies dealing with major global problems. He's calling it Mithril Capital Management. If that sounds familiar, it's because mithril is also an unusual metal described in “The Lord of the Rings” and “The Hobbit,” the Middle-earth fantasy classics created by J.R.R. Tolkien. The material, according to Tolkien, is malleable, beautiful and rare, stronger than steel while also weighing much less.
BUSINESS
March 11, 2014 | By Andrea Chang
Tylt Lab, a new Santa Monica venture capital firm, has raised $20 million for early-stage start-ups in Silicon Beach. The fund will support local entrepreneurs through seed to series A investments, Tylt said, estimating that this year it will be making 12 to 15 investments ranging from $50,000 to $2 million. The company said it focuses on "businesses disruptive to their industries," which include lifestyle products, mobile platforms and services, home automation, software-oriented transactions, consumer goods, clean tech, e- healthcare and entertainment.
BUSINESS
January 20, 2012 | By Tiffany Hsu
Venture capitalists invested 10% more funds in start-ups last year, shelling out $32.6 billion, according to Dow Jones VentureSource. The number of deals by U.S.-based venture companies increased 6% to 3,209, including several transactions involving consumer information service companies such as Twitter, Zynga and LivingSocial. The median amount invested was up 16% to $5 million. That's even as the fourth quarter, usually the most active of the year, saw a decline of nearly 4% year over year and nearly 2% from the month before to 803 deals.
BUSINESS
June 1, 2011 | By David Sarno, Los Angeles Times
Pasadena-based OpenX Technologies Inc., the online advertising firm whose products are built on largely open-source technology, has raised $20 million in additional venture capital, an infusion it believes will be the last one it needs on the way from being a tiny start-up to a full-fledged digital ad concern. Since its founding in 2007, OpenX has raised $50 million over four investment rounds. OpenX makes and distributes software that allows websites to sell the space on their pages to marketers, much like highway billboard owners look to profit by renting their blank signs to whatever advertiser will pay the highest price.
BUSINESS
July 19, 2010 | By Jerry Hirsch, Los Angeles Times
Venture capitalists are quietly reasserting themselves in what is one of the few bright spots for the California economy. Venture capital investment reached almost $4 billon in California during the second quarter of this year, a 51% gain from the same period last year and the most since the third quarter of 2008. The number of companies they are funding also rose — up more than 8% to 296 compared with a year earlier, according to Dow Jones VentureSource, which collected the data.
BUSINESS
April 5, 2012 | By Marc Lifsher
California last year attracted more venture capital than any other state, pulling in almost five times as much money as No. 2-ranked Massachusetts. A new report from PricewaterhouseCoopers and the National Venture Capital Assn. said that California received more than half of the country's $28 billion in 2011 venture capital investments. The report was cited Thursday in a blog posted by Dennis Meyers, the principal economist of the California Department of Finance. Nationally, venture capital investments increased 22% last year compared to 2010.
BUSINESS
April 18, 2014 | By Chris O'Brien
Across Silicon Valley, venture capitalists and entrepreneurs are busy chanting: "Not a bubble. Not a bubble. Not a bubble. " But with venture capital numbers reaching levels not seen since the dot-com bubble days, the question of whether things in Silicon Valley are a bit too frothy is getting harder to dismiss.  PHOTOS: Top 5 tech acquisitions of 2014 so far According to the latest MoneyTree report released Friday, venture...
BUSINESS
October 1, 2009 | Todd Woody
Green-technology firms attracted the largest share of venture capital in the third quarter, with global investments rising to $1.59 billion, according to a survey released Wednesday by Cleantech Group and Deloitte & Touche. That's a 10% increase from the second quarter but still down 42% from the same period last year. Dallas Kachan, managing director of Cleantech, said that the third-quarter numbers were preliminary and that he expected total investment to have risen by 15% to 20% when the final figures are calculated.
BUSINESS
March 2, 2014 | Michael Hiltzik
There are two broad categories of government reformer. One is the type who tries addressing government inequities where and as they occur - a housing crisis here, a water crisis there, racial discrimination here, there and everywhere. Then there's the type who advocates throwing out the old system wholesale and starting from scratch. Timothy C. Draper, 55, a successful venture capital investor with a lengthy record of public involvement to his name, plainly has thrown in his lot with the latter group.
BUSINESS
July 12, 2013 | By Andrea Chang
The gig: Mark Suster is an entrepreneur, angel investor and managing partner at Century City venture capital firm Upfront Ventures, formerly known as GRP Partners. A vocal proponent of L.A.'s growing tech scene, Suster has become known as the go-to guy for early-stage technology companies looking for funding. His current investments include Adly, Maker Studios, Moonfrye and Pose. Suster also founded tech accelerator program Launchpad LA and writes a blog, Both Sides of the Table, in which he shares his views on tech trends and offers advice to start-up founders.
BUSINESS
June 14, 2013 | By Chris O'Brien
Laying aside years of bad blood that has at times threatened to spill into open warfare, the mayors of San Francisco and New York City agreed Friday afternoon to a digital detente that will include co-hosting a technology summit this year.  Known humbly as the Bloomberg Technology Summit, the conference will bring together tech leaders, politicians and other assorted Internet types (cats?) to discuss how the cities can grow their tech economies while also tapping those same ideas to solve the host of social, economic and cultural problems plaguing both metropolises.
BUSINESS
April 19, 2013 | By Walter Hamilton, Los Angeles Times
Southern California is a hotbed of young and innovative companies, but you wouldn't know it by following the money. Venture capital funding, the lifeblood of start-ups, has fallen sharply in the region this year, according to a report released Thursday. Southern California companies raised $507.6 million from venture-capital investors in the first three months of the year, a 42% decline from the nearly $880 million in the first quarter of 2012. The data were compiled by Dow Jones VentureSource.
BUSINESS
April 10, 2013 | By Shan Li, Los Angeles Times
First it was Texas Gov. Rick Perry who came to California with his cowboy swagger and boasts about lassoing away businesses. Then the South Dakota governor swept through to recruit dairy farmers. Soon after, the Iowa governor made an appearance. Now they're coming in pairs. Joining forces, Utah Gov. Gary Herbert and Virginia Gov. Bob McDonnell are heading to California on Thursday to try their luck at wooing California businesses. On a two-day tour with stops in Costa Mesa, Palo Alto and San Francisco, the old friends plan to tout the wonders of doing business in their states.
BUSINESS
March 20, 2013 | By Ronald D. White, Los Angeles Times
When it comes to the green technology sector, there's California and then there is everyone else. The state has managed to reduce per capita greenhouse gas emissions even as its economy and population have grown, according to Next 10, the San Francisco nonprofit group that has produced the California green innovation index for the last five years. In its just released 2013 report, Next 10 said the state continues to be the national leader in areas such as venture capital funding for green technology, green tech patents and the growth in clean power generation.
BUSINESS
April 20, 2012 | By Ronald D. White, Times Staff Writer
U.S.-based companies raised $6.3 billion through 717 venture capital deals during the first quarter of 2012, an 18% decline in capital and 9% decline in deals from the same period last year, according to Dow Jones VentureSource. “The declines were pretty evenly spread across industries so there weren't any big winners or big losers in the quarter, but there were some surprises. Investment in consumer Internet companies fell after two exceptional investment years, while the IT industry fared well thanks to strong interest in software startups,” said Jessica Canning, global research director for Dow Jones VentureSource.
BUSINESS
May 2, 2011 | By Tiffany Hsu, Los Angeles Times
Venture capitalists spent the first quarter of the year dousing the clean-tech industry with more money, hiking investment in solar and other green companies. Though the number of deals fell to 69 from 79, companies raised $1.1 billion in the first three months of 2011 compared with $743.3 million in the same period last year, according to a report released Monday. The top 10 deals alone drew more than 60% of the total haul; the two largest accounted for 18% of nationwide investment, according to Ernst & Young and data from Dow Jones VentureSource.
BUSINESS
January 18, 2013 | By Tiffany Hsu
Venture capital funding shriveled for the first time in three years in 2012, with investors funneling $26.5 billion to companies over 3,698 deals, according to a new report. That's a 10% drop in dollars and a 6% slide in deal volume, according to the National Venture Capital Assn. and PricewaterhouseCoopers in their MoneyTree report. Why the hesitation? “General economic uncertainty,” said HJ Paik, director of the Southern California Emerging Company Services practice at PwC, in a statement.
Los Angeles Times Articles
|