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Wednesday, October 21, 2009
A stealth internet advertising / publishing renaissance is quietly happening in Southern California 10 years after the dot com bubble burst. Any investor who tells you its hard to build management teams and big companies in Southern California is disconnected from the real markets. Southern California still lacks the big VC and Private Equity funds like Silicon Vallley and Boston but entreprenuers are scrappy here Most of these companies bootstrapped themselves and bypassed local SoCal VC firms raising larger rounds with Silicon Valley based mega VC fund after achieving significant revenue growth.
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Thursday, October 29, 2009
The Silicon Alley Insider has weighed in on its list of “ 50+ most valuable startups “, and suprisingly, they didn’t neglect Southern California.
OpenX ($45M) – Pasadena
Of course, you’re only worth what someone is willing to pay for you — which is through an IPO or M&A—so it’s all just speculation.
...Tags: Facebook was tops, but local companies highlighted in the list:
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Tuesday, May 26, 2009
In what can only be a strange alignment of the stars, Southern California’s three venture announcements today are all companies with “X” in their name:
OpenX ( $10M ) - online advertising
X1 Technologies ( undisclosed ) - enterprise search software
Ophthonix ( $25.9M ) - medical devices/visual correction technology
...Tags:
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Wednesday, December 17, 2008
The annual VC Christmas video greeting card trend — which seems to be a point of pride in Silicon Valley — oddly, hasn’t made it to Southern California, the land of Internet content startups and Hollywood. However, a bunch of Southern California firms do make an appearance on First Round’s video, including Marina del Ray’s BiggerBoat ; Santa Monica-based MoVoxx ; San Diego’s Kidzui ; Dayak , also in San Diego; GumGum , in Santa Monica; Pasadena-based OpenX ; Los Angeles-based TechForward ; and Transpera , also in Santa Monic
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