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The firm--which grew out of the efforts of USC and UCLA grads--said the funding was led by former Redpoint Ventures EIR David Wu, and also included Crosslink Capital, Shopzilla CIO Jody Mulkey and Liveops Founder Douglas Feirstein.
Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. ElNaggar was most recently serving as Chief Strategy Officer at CBS Interactive; he co-founded Sapho with fellow CBS Interactive alum Peter Yared, who was CBSi's CTO and CIO.
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