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Two Los Angeles area venture capital firms have re-upped their investments in a provider of identity management software. Other investors, aside form Anthem and DFJ Frontier, were RPM Ventures, Tim Draper, and Square 1 Bank. JanRain said it has raised $15.5M both Varma and Cremin sit on JanRain's board of directors.
An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 billion invested in Q1, and up from $1.0 in investment), Energy ($190.2M in investments) and Medical Deviecs ($128.1M in investments in Q2). billion in Q2 of last year.
Two Los Angeles-based venture firms, DFJ Frontier and Anthem Venture Partners , have invested in a Portland software firm developing online identification and single-sign in software. Tags: software janrain portland capital venture ventures anthem frontier.
For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. investment investor capital venture angeles'
Jason Calacanis , CEO of Santa Monica-based Internet search site Mahalo , has signed on several angels for his new angel group, the Open Angel Forum - Los Angeles. Coffin is the founder of LowerMyBills, Dayton is the founder of Earthlink, and Woodward is a venture capitalist at Anthem Venture Partners.
Los Angeles-based AdventureLink , the new adventure travel booking site run by Kelly Tompkins, announced this morning that it has acquired a competitor, Adventure Central. According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital. Financial terms of the acquisition were not disclosed.
Viewdle , the developer of cross platform, facial recognition technology backed by Santa Monica-based Anthem Ventures, has scored another round of funding, worth $10M, according to Viewdle. The new round comes from Best Buy, BlackBerry Partners Fund, and Qualcomm, in addition to Anthem Ventures, which was the original investor in the company.
San Diego-based Embarke has raised $1.25M in a funding round, which the company''s founder said came from a number of venture capitalists and angel investors.
The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Interestingly, only Redpoint, Domain, Anthem, and DFJ Frontier have local offices in Southern California. in deals tracked by our database.
A new, venture capital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at Anthem Venture Partners--apparently are aiming at early growth capital investment in software companies.
Los Angeles-based MySpace has been among the most visible of Southern California's Internet era success stories, although the site--now owned by News Corporation--has had its own share of ups-and-downs, as well as questions about its future. Venture backers : Anthem Ventures, the Mailroom Fund, Rincon Venture Partners.
I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers.
I won’t belabor this – I have an investment in this space ( ad.ly ) so I’m biased. I think this classifies as a “crack filler&# and I’m not sure I would have done the investment for that reason. 2.6mm in Series A : Canaan , Anthem. We had a big discussion about DST and why these investments.
Email Copilot was formerly known as Embarke, and had been venture backed by Anthem Ventures, La Costa Investment Group, Promus Ventures, Right Side Capital Group, Social Leverage, along with angels Howard Lindzon, Eric Otterson, and Steve Macbeth. Al Bsharah, was co-founder and CEO of Email Copilot. READ MORE>>.
Los Angeles-based AdventureLink , which operates an online booking system for adventure travel, announced today that it has raised a Series A funding for the firm. The funding came from Anthem Venture Partners and The Mail Room Fund. Amount of the investment was not disclosed.
Raised angel money from Rob Lord, Reid Hoffman, Benchmark Capital and others. And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Founded in 2009 in Los Angeles by Michelle Crames. Here’s this week’s outline: INTRO to FARB NIVI. Farb is the founder & CEO of Grockit.com. Hello, Chair.
billion was invested in 3,808 deals in the fourth quarter of 2008. The report, based on data from Thomson Reuters, found that 2008 investments declined by 8 percent in terms of dollars, and 4 percent in terms of deal volume, with fourth quarter results seeing a 26 percent drop to $5.4 billion in 818 deals, down from $7.3 in 10 deals.
However, for today''s interview, we''ve decided to venture a bit farther afield--talking to Samit Varma , founder of Los Angeles-based pizza franchise Pizza Studio (www.pizzastudio.com). I was part of the startup Odyssey Labs, which was backed by Anthem Ventures, and did that for a few years before going over to the venture side.
To address that, Los Angeles-based FileTrek (www.filetrek.com) announced a funding round for its cloud-based software for sharing enterprise and business files yesterday. It looks like there is some story behind how you ended up at FileTrek and the company ended up in Los Angeles--the firm was in Canada?
I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. That’s typically not the case in Los Angeles. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.
The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. It can give you a foundation from which to launch, but usually requires subsequent rounds of capital from larger investment sources.
Indiana is home to the global headquarters for Anthem, Cook Medical, Dow AgroSciences, and Eli Lilly and Company, as well as the North American headquarters for Roche Diagnostics. Notable university spinouts include Angel Learning, Endocyte, and Marcadia Biotech.
. “You could feel the energy and excitement from getting everyone together, from the opening party to the inspiring panels; the creative pitches at the hackathon, demo day, angel pitch fest, and student pitch fest; and the good-times bonding from the nightly parties to the beach volleyball court. Demo Day / Angel Pitch.
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