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.
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.
Connexity sold to Shopzilla
Ventura-based digital advertising firm Connexity has been purchased by Shopzilla, an online comparison shopping website out of Los Angeles, for an undisclosed sum.
The deal marks the first exit for a business that had operated out of the Ventura Ventures Technology Center, the city of Ventura’s startup incubator.
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.
Editorial: Ventura walks away from venture capital fund
The city of Ventura is nearing the close of a transaction that will get it out of the venture capital business. While we appreciated the city’s enthusiasm for creating technology jobs, we think the City Council has made the right move.
Entrepreneurs guide high school students in business pitch contest
A six-week program that helped more than 450 middle and high school students in Ventura learn about entrepreneurship and craft business plans will culminate in a final pitch competition on Dec. 11.
Ventura groups work to woo tech startups
The city of Ventura is showcasing some of its tools for fostering startups at a May 4 event.