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VenturecapitalfundRedpointVentures , which has an outpost in Los Angeles, has some new cash in the bank, after announcing $400M in a new fund today, Redpoint V. The new fund follows Redpoint IV, which also was a $400M fund, which was raised three years ago. READ MORE>>.
RedpointVentures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venturecapitalfund specifically aimed at the social and mobile Internet, cloud computing, and clean technology. Redpoint's efforts in Southern California are headed by Brad Jones. READ MORE>>.
Venturecapital 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 venturecapital deals for Q3. in funding. in funding.
RedpointVentures is one of the venturecapital 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.
It’s always fun chatting with Jason because he’s knowledgeable about the market, quick on topics and pushes me to talk more about VC / entrepreneur issues. We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding. But it does happen.
Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venturecapital firm with offices in New York and Los Angeles. Greycroft is an early-stage VC. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Go Boulder!
Santa Barbara-based whole home music system maker Sonos has raised $130M in a new funding round, according to a regulatory filing from the firm. No details of the funding have yet been announced by the company. According to the filing, eight investors participated in the new funding for the company. and RedpointVentures.
The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by RedpointVentures, which funded the company out of its Los Angeles office. Those investments were led by former RedpointVC Greg Martin. RedpointVentures owned 23.2
Is Los Angeles-based YouTube network Machinima looking for a big round of funding? Machinima last raised funding in May of last year, raising $35M from such backers as Google, RedpointVentures, and MK Capital. Fellow YouTube network Fullscreen raised its own big funding round in April. READ MORE>>.
Santa Barbara-based Lastline has raised $10M in a funding round, to go towards the development of its malware defense software, the firm announced this morning. The new funding round was led by RedpointVentures and e.ventures, with Redpoint''s John Walecka joining the firm''s board. READ MORE>>.
in a funding round, according to a recent regulatory filing from the firm. No details on the funding have been announced by the company. Impact Radius is backed by RedpointVentures, and the firm's management team includes Per Petterson, co-founder of Commission Junction. READ MORE>>.
SRCH2 announced today that it has raised a round of funding, and launched its efforts to provide those next-generation search capabilities to enterprises. Size of the funding round was not announced. Waxman is the co-founder of Firefly Networks, PeoplePC and SpotRunner.
The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National VentureCapital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M Tags: venturecapital investment quarterly moneytree thomson reuters. was invested in the region.
in its Series B funding, according to a regulatory filing from the firm Friday. Source of the additional funds was not disclosed. Clicker had announced in February that it had received $11M from JAFCO Ventures, Benchmark Capital and RedpointVentures. The new funding ups the Series B to $13.0M.
The latest venturecapital totals from the PricewaterhouseCoopers/National VentureCapital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0
funding round, according to a regulatory filing by the firm today. Source of the new funding, which came from nine investors, was not disclosed. Tags: leadpoint marketplace leads venturecapitalfunding. Los Angeles-based Leadpoint , a developer of an online marketplace for sales leads, has raised $6.5M
Los Angeles-based Machinima.com , an online entertainment site focused on video gamers, has raised $9M in a investment from RedpointVentures, the firm said this week. The firm said the Series B funding round will go towards accelerating further growth at the company. READ MORE>>.
Santa Barbara-based Impact Radius , a developer of multi-channel, performance advertising technology, announced today that it has raised $6M in a venturefunding round. The round was led by RedpointVentures. As part of the funding, Redpoint's Greg Martin joins the company's board of directors. READ MORE>>.
Here, we have Greg Martin, Founder and Managing Partner of Archer VentureCapital (www.archervc.com). No longer will you need to be situated in Silicon Valley, or Boston, NY or LA to get venturefunding. Greg Martin is Founder and Manging Director of Archer VentureCapital (www.archervc.com).
West Hollywood-based SocialVibe , an online site which combines social media with support for brands and charities, has raised $11.65M in a Series C funding round, according to a regulatory filing by the firm Monday. No details on the funding have been announced by the company. READ MORE>>.
A quick analysis of venturecapital deals in Q1, tracked by socalTECH, finds that there was around $1.4 billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. Other big funding deals included a big, $115.3M The biggest deal for the quarter was from Valencia-based U.S.
Lastline , a developer of cybersecurity software for malware defense, which has its research and development headquarters in Goleta, has raised $10M more in funding. According to Lastline, the funding came from Dell Ventures and Presidio Ventures, as well as existing investors RedpointVentures and e.ventures.
An analysis of Q2's venturecapital deals and investment activity in Southern California find that venture capitalists invested around $1.6 PricewaterhouseCoopers/National VentureCapital Association, and VentureOne will release their quarterly nationwide results of venture activity later this month.
Irvine-based WebVisible , which helps local businesses place online advertising, has scored $20M in a new funding round, according to a recent regulatory filing from the firm. The round was led by Adams Street Partners, and also included Sutter Hill Ventures and RedpointVentures. WebVisible is headed by Kristen Mangers.
Santa Monica-based YouTube food show producer Tastemade has raised $10M in new funding, the firm said Thursday, led by Raine Ventures and also including RedpointVentures. As part of the new funding, Tastemade also launched an iPhone app geared around local restaurant review videos. READ MORE>>.
in a Series C funding. Greg Martin, of Los Angeles-based Archer VentureCapital, sits on 2tor's board. The funding came from Highland Capital, RedpointVentures, Novak Biddle Venture Partners, and CityLight. 2tor also has operations near USC. READ MORE>>.
A New York-based online learning firm with links to the University of Southern California has scored a round of funding, and added Redpoint's Greg Martin to its board, the firm said this morning. Redpoint's Martin is based in Los Angeles. That program, MAT@USC, ofers a Master of Arts in Teaching through online courses.
San Francisco-based Scripted.com announced a funding round yesterday, saying it has raised a Series A worth $4.5M, from Crosslink Capital, RedpointVentures, James Currier and Stan Chudnovsky from Ooga Labs, Branchout CEO Rick Marini, Bebo co-founder Michael Birch, Military.com co-founder Chris Michel, along with Paige Craig.
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 VentureCapital Association (NVCA). The increasing venture activity seems to indicate a recovery in the outlook for startups here.
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venturecapital. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venturecapital. Ginkgo Bioworks raises capital at a $4B valuation.
Irvine-based WebVisible officially announced this morning that it has raised $20M in a Series C funding round. According to the firm, the round was led by Focus Ventures and Adams Street Partners, with existing investors RedpointVentures and Sutter Hill Ventures also participating in the funding.
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 RedpointVentures.
Los Angeles-based venturecapital investor Upfront Ventures is one of the investors in a new, luxury valet service launching in San Francisco, called Luxe. luxe valet parking services smartphone iphone luxury upfront ventures' Luxe said Thursday that it has raised $5.5M READ MORE>>.
San Diego-based Qualcomm Ventures , the venturecapital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures.
When is a funding also an exit? When part of that funding is used to pay off early investors. The $135M funding for Santa Barbara-based wireless music system maker Sonos appears to be just that, rewarding such investors as Andreas von Blottnitz, and undoubtedly co-founders John MacFarlane, Craig Shelburne, Tom Cullen.
The new funding was led by JAFCO Ventures, and also included prior investors Benchmark Capital and RedpointVentures. Clicker said the new funding will go to support the development of its product line, as well sa for partnerships. Series A funding round, in September. READ MORE>>.
Los Angeles-based venturecapital investor Upfront Ventures is the lead investor in a new, $15M Series B funding round for artificial intelligence software developer Tact. Tact develops artificial intelligence software for Salesforce which helps salespeople automate data entry into their CRM systems. READ MORE>>.
For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment.
Los Angeles-based venturecapital investor Upfront Ventures has joined in a new round for one of its portfolio firms, Tact.ai , which announced a $27M Series C funding this morning. Tact.ai, which is based in Redwood City, has now raised more than $57M in total funding.
Los Angeles-based Clicker.com , a startup looking to index and search online television content, launched Tuesday at the TechCrunch50 conference, saying it has raised $8M in venturefunding from Benchmark Capital and RedpointVentures. Tags: clicker video index search venturecapital techcrunch50.
Los Angeles-based venturecapital investor Upfront Ventures is one of the participants in a new funding for online used clothing marketplace thredUP , which announced a big $81M funding today. thredUP said this morning that the $81M, Series E funding was led by Goldman Sachs Investment Partners (GSIP).
Los Angeles-based venturecapital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. The round came from new investor Rustic Canyon Partners, and also included prior investors Blumberg Capital and RedpointVentures. in a Series A round.
Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of RedpointVentures, has scored funding for a new startup, Sapho. in a Series A funding, which was led by Alsop Louie Partners. According to Sapho, it has raised $9.5M Sapho is in Silicon Valley. READ MORE>>.
The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National VentureCapital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M Tags: reuters thomson moneytree quarterly investment capitalventure. was invested in the region.
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