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Anthem Ventures Gets Second Exit In A Week

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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>>.

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Scopely Raises $8.5M

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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.

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Buzz Media Inks Deal with Magazine

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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.

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Big Frame Lands $3M

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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.

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AwesomenessTV Acquires Big Frame

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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.

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ThisNext Gets New Funding

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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>>.

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MySpace Startups: Startups From MySpace Vets

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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).

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