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Los Angeles-based venture capital investor RusticCanyon Partners is one of the return backers of online babysitting marketplace UrbanSitter , participating in UrbanSitter''s new $15M Series B funding. RusticCanyon was one of the first investors in UrbanSitter back in 2012. READ MORE>>.
Nate Redmond is the managing partner of RusticCanyon Partners – he’s probably one of the youngest managing partners of a major fund you’ll meet. And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. Both companies were in Los Angeles. I agree with him.
An online marketplace for babysitters, UrbanSitter has just scored new funding Los Angeles-based venture investor RusticCanyon Partners , as part of a Series A funding, UrbanSitter said this morning.
Santa Monica-based venture capital firm RusticCanyon Partners has upped its investment in social games firm PlayFirst , which is based in San Francisco. According to PlayFirst, RusticCanyon, Mayfield Fund, Trinity Partners, and DCM--all current investors in the game developer--have invested $5.2M
Michael Kim , a partner at Santa Monica-based RusticCanyon Partners , is departing the firm at the end of the year to startup up a new fund-of-funds, Cendana Capital. According to Kim, he will become an Advisory Partner to RusticCanyon, and transfer his responsibilities at RusticCanyon by the end of the year.
Los Angeles-based venture capital firm RusticCanyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. The round came from new investor RusticCanyon Partners, and also included prior investors Blumberg Capital and Redpoint Ventures. in a Series A round.
Two Southern California venture capital firms have benefited from an acquisition yesterday of Mountain View-based MerchantCircle , an online local business advertising and networking site, by fellow online advertising firm Reply! The firm had announced a total funding of around $14.3M. READ MORE>>.
Los Angeles-based venture investor RusticCanyon Partners is one of the returning investor in a new round for mobile, on-demand babysitting app and marketplace provider UrbanSitter. UrbanSitter said last week that it has raised $17M in a Series C funding round. READ MORE>>.
Santa Monica-based venture firm RusticCanyon , along with Intel Capital, has put more into Silicon Valley-based InSync Software , a developer of software for the RFID and supply chain tracking business. in a Series B funding from the two investors. According to InSync, it has raised $4.7M
San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm RusticCanyon Partners said Tuesday that they have formed a new fund, Saints RusticCanyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company.
Los Angeles-based venture investor RusticCanyon Partners has re-upped on an investment in cancer portal developer Navigating Cancer , in a new, $10M investment. The round was led by Merck Global Health Innovation Fund, and also included ORIX Healthcare Capital in addition to the investment by RusticCanyon Partners.
Adhesive Games , the Alhambra-based, independent game publishing studio which is part of Meteor Entertainment has just scored a big, $18M funding round from RusticCanyon Partners , Chinese game publisher KongZhong, and others to help bring its first title to market, Hawken.
the technology startup incubator and studio headed by former MySpace CEO Michael Jones, has raised around $30M in funding from Hearst Ventures , the venture capital arm of Hearst Corporation, Hearst said this morning. Science is also backed by Tomorrow Ventures, RusticCanyon Partners, and White Star Capital.
The firm aid this morning that it has raised $2M in a funding round from Trinity Ventures, RusticCanyon Partners, and Blumberg Capital. Science just launched Ellie , a site which offers up clothing for activewear for women, via subscription.
Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. in funding. in funding. in investments.
This week’s guest was David Travers from RusticCanyon Partners. RusticCanyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures. 10mm in Series C. GroundTruth.
Los Angeles-based PayDragon has raised $1.35M in its seed funding, the firm disclosed Friday. The firm--which had earlier disclosed the seed roudn , but without dollar amounts--said the funding included RusticCanyon Ventures, SV Angel, and Y Combinator, as well as Yuri Milner and Mark Schwartz.
Los Angeles-based Gaikai , which is developing technology which allows computer gamers to play computer games online through their web browser, said today that it has raised more than $10M in a Series B funding round. The round came from TriplePoint Capital, RusticCanyon Partners, Benchmark Capital, as well as an un-named "mystery" investor.
Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. in funding, and San Diego $198.18M in investments. in funding, and San Diego $198.18M in investments.
Irvine-based RealPractice , a developer of software used by law firms to manage their practices, said today that it has raised a new round of funding and appointed a new executive team. Amount of the funding was not disclosed. The firm said the new funding will go towards expanding its product set and reach, and to serve new customers.
Santa Barbara-based venture capital investor Rincon Ventures is one of the leads on an investment in rental management software developer Rentlytics , on a new $4M funding round for the company. San Francisco-based Rentlytics disclosed today that the new funding was led by Trinity Ventures and Rincon Venture Partners.
Camarillo-based Transonic Combustion , which is developing high efficiency, fuel injection systems for internal combustion engines, said today that it has raised $32M in a Series D funding round. Transonic Combusion is venture backed by Venrock, Khosla Ventures, RusticCanyon and Saints Capital. READ MORE>>.
Gaikai was founded in 2008, and had raised around $45M in funding. The firm's backers included Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, RusticCanyon Partners, and TriplePoint Capital.
Los Angeles-based Leads360 , the developer of leads management software headed by Nick Hedges, said this morning that it has raised $15M in new funding. The round was led by Volition Capital, and also included RusticCanyon Partners. Leads360's software is used for managing and tracking sales leads.
LimeLife is based in Menlo Park, and had raised somewhere north of $20M in funding from Core Capital, i-Hatch Ventures, Monitor Venture Partners, RusticCanyon Partners, and US Venture Partners. Total Beauty is also a portfolio firm of US Venture Partners, and has also gained funding from Wallington Investors.
Pasadena-based Perfect Market , which provides tools for publishers to better create value from their content, is announcing today that it has raised $9M in a new funding round. The round was led by Comcast Interactive Capital, and also included Idealab, RusticCanyon Partners, Tribune Company, and Trinity Ventures.
Los Angeles-based Gaikai announced Wednesday that it has raised $30M in a Series C funding round. The round was led by New Enterprise Associates, and also included Qualcomm, Benchmark Capital, RusticCanyon, and Intel Capital. The firm is headed by David Perry.
The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.
a new, Santa Monica based company headed by former Myspace CEO Mike Jones , announced this morning that it has scored capital and funding, and is building a "technology studio" to develop new businesses, provide them with advice, and provide them with funding. > Science, Inc. ,
The venture backed firm, which is funded by Benchmark Capital, TriplePoint Capital, and RusticCanyon Partners, said that the agreement will enable streaming of EA's PC-based video games to any web browser.
in a funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced by the company. According to the filing, funding included new backer Mayfield Fund, along with prior investors Idealab, RusticCanyon Partners, and Trinity Ventures and others. READ MORE>>.
Santa Monica-based KIN , which operates a female-focused lifestyle YouTube network, has raised $12M in a funding round, the company said last week. The funding came from Corus Entertainment, Emil Capital, Mayfield Fund, General Catalyst Partners and RusticCanyon Partners. READ MORE>>.
Tuesday, August 9, 2011 -- Annual Venture Capital Panel. Find out what does it take to secure Venture Capital for your company. Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Learn about the hottest trends and the mistakes NOT to make. See [link] (more)
The new service also revealed that it has scored backing from Y Combinator, SV Angel, Start Fund and RusticCanyon Partners for its efforts. PayDragon said it is available for free on iPhone and Android. Paperlinks had previously been focused on QR-code enabling merchants. READ MORE>>.
Camarillo-based Transonic Combustion , which is developing fuel injection systems for the automotive industry, said Wednesday that the firm has raised a Series C round of funding. The funding came from Venrock, Khosla Ventures, RusticCanyon Partnres, and Saints Capital. Amount of the investment was not disclosed.
Altadena-based Perfect Market , which is developing technology to help publishers monetize their long tail content, confirmed today that it has raised $6M in a Series C funding round. The firm said the round was led by Tribune Company, and also included Trinity Ventures, RusticCanyon Partners, and Idealab. READ MORE>>.
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. Spark Capital, Flybridge, Founder Collective, NextView Ventures … all in Boston or Cambridge not west of the city.
Tuesday, October 6, 2009 -- The Workshop: Get Funded in One Day (Dealmaker LA). Brought to you by the team who produces Startonomics and Dealmaker LA, this hands-on "workshop-style" event will allow entrepreneurs to drill down on the key issues we face when laying the foundation to build and fund their company.
Boone Pickens; Aptera Motors , in Carlsbad, which has funding from Google and Idealab; and Phoenix MC , based in Ontario. Car makers are not the only firms in Southern California playing a role in the alternative vehicle market.
Venture capital for innovators. RusticCanyon Partners (www.rusticcanyon.com). Funding great entrepreneurs. Clearstone Ventures (www.clearstone.com). The City of Glendale (www.thinkglendale.com). Need office or Tech Space? Think Glendale. Costello and Sons Insurance Brokers (www.costelloandsons.com).
"There is an optimism in the room about what's happening in the whole Internet ecosystem, and the talent pool here in LA, and the belief that there is not just one, but many great companies here," according to David Travers, a venture capitalist at RusticCanyon.
Los Angeles-based Aspiration , and online banking startup which calls itself "the financial firm with a conscience", said on Tuesday that it has raised $47M in a Series B funding round. Aspiration lets users pay what they want in terms of fees they pay to the company. READ MORE>>.
Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). Tags: venture capital pricewaterhousecoopers nvca finance moneytree thomson reuters.
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