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Santa Monica-based Anthem Venture Partners has scored two exits in the last week, as Los Angeles-based Demand Media hit a homerun with its IPO Wednesday, and San Diego-based Plixi was acquired by Lockerz Thursday. READ MORE>>.
Los Angeles-based Scopely , the startup co-founded by Eytan Elbaz , Eytan Elbaz , Walter Driver and Ankur Bulsara, which is developing social and mobile games, said this morning that it has raised $8.5M It looks like all that bacon paid off.
Los Angeles-based Buzz Media , the online network of celebrity-focused web sites, announced today that it has inked a deal with OK! Buzz Media--which was formerly known as BuzzNet--is a venture backed operator of a network of pop culture, celebrity, and music-focused web content properties and blogs.
The round came from Anthem Venture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm and Social Starts, and angels Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling and Dan Murray.
Los Angeles-based AwesomenessTV --which is now part of Dreamworks--has acquired Big Frame , another local YouTube network operator. According to AwesomenessTV, it will pay $15M in cash, including repayment of outstanding debt, for Big Frame, which will go to help bolster AwesomenessTV''s talent roster, executives, and talent managers.
Los Angeles-based social shopping site ThisNext announced this morning that it has raised a new round of funding, and inked a partnership with online advertising firm Federated Media. Clearstone Venture Partners and Anthem Venture Partners also participated. Amount of the funding was not disclosed. READ MORE>>.
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. Here are four startups of them, and what they're doing: Demand Media. www.demandmedia.com).
Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.
AdventureLink is backed by Allegis Capital, Anthem Ventures, and the Mailroom Fund, and is run by adventurer Jeff Dossett. This bootstrapped firm, based in Los Angeles, is the brainchild of Eric and David Bjorndahl. Demand acquired Trails as a part of its buy of Hillclimb Media back in 2006. Adventurelink [ Profile ].
Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M and will rename itself Buzz Media. Buzz Media said it now has more than 40 million people visiting its web sites every month. READ MORE>>.
I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. It’s becoming harder to distinguish tech companies from media companies. Society is at its most dense in rich urban environments where society and technology can inspire each other on a daily basis.”.
Raised angel money from Rob Lord, Reid Hoffman, Benchmark Capital and others. Founded in 2009 in Los Angeles by Michelle Crames. Customer are primarily large media companies (publishers) and their media agencies. Here’s this week’s outline: INTRO to FARB NIVI. Farb is the founder & CEO of Grockit.com. Hello, Chair.
Los Angeles-based Buzznet , the venture-backed operator of a network of entertainment-focused social media sites, is making the rounds with a new feature on its Celebuzz celebrity web site this week. The firm rolled out a "zoom" feature that allows users on the site to magnify celebrity photos on the site.
Most sectors saw drops in investment during the year, with the exception of few--including a couple of sectors where Southern California has a significant presence, in Clean Technology and Media & Entertainment. Media & Entertainment also saw an increase, up 3 percent to $2.0 billion in 277 deals. billion and 407 deals in 2008.
2.6mm in Series A : Canaan , Anthem. 6mm in Series B - Benchmark Capital ( Bob Kagle ); with participation from insiders New Atlantic Ventures and angels Ron Conway and Ed Scott. They help speed up the network by pushing the highly viewed and large media files to the “edge&# of the network (e.g. Other Deals.
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.
TechCrunch, Forbes, PandoDaily, and other national and local media covered the fest, centered in Santa Monica and Venice at venues with views of the beach on picture-perfect sunny days. Panels were based at hubs including Leadership, Branding / Advertising, Social Media, Entrepreneurs, Community and more. Demo Day / Angel Pitch.
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