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Julia Dilts guides angel network to new role with tech startups

By   /  Friday, April 4th, 2014  /  Columns, Technology  /  1 Comment

Maverick Angels, the Westlake Village-based investor group co-founded by the late John Dilts, is disbanding but not disappearing completely. Founded in 2006, Maverick was a different take on the idea of an angel network. Like other networks, it was an association of individual accredited investors — it didn’t pool money, and members made their own Read More →

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Quantifying success: New fund to invest in data companies

By   /  Friday, March 7th, 2014  /  Technology, Top Stories  /  Comments Off on Quantifying success: New fund to invest in data companies

From left, Fund Manager Herb Tews, DJ Wetmore of Self Echo, Fund Director Jacques Habra and lead investor and adviser Patrick Steele of the Noospheric Quantified Fund. The fund hopes to raise up to $50 million to invest in niche data companies. (Stephen Nellis / Business Times photo)

A group of Santa Barbara entrepreneurs is looking to raise as much as $50 million for an investment fund that would finance dozens of little big-data startups.

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$50M infusion sets stage for Mindbody IPO

By   /  Friday, February 28th, 2014  /  Banking & Finance, Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on $50M infusion sets stage for Mindbody IPO

San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.

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Investors place bets on Ventura advertising tech firms

By   /  Friday, February 28th, 2014  /  Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Investors place bets on Ventura advertising tech firms

In a major week for advertising technology firms in Ventura, The Trade Desk has raised $20 million in a second venture capital round and Connexity has been acquired by Los Angeles-based Shopzilla.

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The Trade Desk raises $20M

By   /  Tuesday, February 25th, 2014  /  Technology, Top Stories  /  Comments Off on The Trade Desk raises $20M

In what is likely the biggest funding round ever for a Ventura-based tech company, digital advertising firm The Trade Desk has raised $20 million in venture capital in a second financing round led by Hermes Growth Partners.

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Mindbody raises $50M for global push

By   /  Thursday, February 20th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Mindbody raises $50M for global push

San Luis Obispo-based Mindbody has raised $50 million in new capital, its largest amount to date, that will used to fund global expansion and mobile product development. The raise brings its total venture capital raised thus far to more than $110 million and likely marks the largest-ever raise in San Luis Obispo County.

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Ventura backs out of its brief adventure in venture capital funding

By   /  Friday, February 7th, 2014  /  Columns, Technology  /  Comments Off on Ventura backs out of its brief adventure in venture capital funding

The city of Ventura is near the end of its relationship with DFJ Frontier, a venture capital fund associated with Draper Fisher Jurvetson with an outpost in Santa Barbara.

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