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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. We really believe in the market.

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True(X) Media Finds $6M

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Los Angeles-based True(X) Media --which was most recently known as SocialVibe--disclosed this week that it has raised $6M in a new funding round. The online advertising technology provider said the funding came from prior backers Jafco Ventures, Pinnacle Ventures, Norwest Venture Partners and Redpoint Ventures. READ MORE>>.

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TrueX Media Acquired For $200M, Says Report

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Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. TrueX Media offers up interactive, video advertising technology, and is led by Joe Marchese. The deal is reported to be worth $200M. READ MORE>>.

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Jaunt Finds $65M To Open VR Studio In Los Angeles

socalTECH

Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. 1 SE, Axel Springer SE, The Madison Square Garden Company plus Google Ventures, Highland Capital, Redpoint Ventures, Sky and SV Angel.

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Topspin Media Opens Up Signups

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Los Angeles-based Topspin Media , the music marketing and software firm headed by Ian Rogers, has opened up general signups for its service, the firm said Wednesday in Austin. Topspin is venture backed by Foundry Group and Redpoint Ventures. READ MORE>>.

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Jaunt VR Debuts In China

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The app, launched by Jaunt China, a joint venture with Shanghai Media Group (SMG) and China Media Capital (CMC), runs on the XIOAMI VR headset. Jaunt has its content studios in Los Angeles, although its headquarters are in Silicon Valley. 1 SE, The Madison Square Garden Company, Peter Gotcher, and Sky.

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Tastemade, Jaunt Tap Ryan Seacrest, Conan O'Brien For Tour Through LA

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Santa Monica-based virtual reality content developre Jaunt , and Santa Monica-based online food and travel lifestyle content provider Tastemade said today that the two have tied together for a new, virtual-reality trip through Los Angeles, featuring Ryan Seacrest and Conan O'Brien, along with a host of others.

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