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Venture capital fund Redpoint Ventures , 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>>.
Greg Martin , the partner heading up Redpoint Ventures ' Los Angeles office, has reportedly left the firm, according to a report from the Private Equity Insider. Martin is no longer listed on Redpoint's web site, was not listed in its latest fundraising documents, and declined to comment on the story. READ MORE>>.
Redpoint Ventures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venture capital fund 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>>.
In another switchup for venture capital firm Redpoint Ventures efforts in Southern California, Fouad ElNaggar , who had been covering Redpoint's investment efforts in Los Angeles, has departed the firm. ElNaggar said he "missed being an operator" despite describing his positoin at Redpoint as "a dream job."
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. People can come in and have a coffee.
BetterWorks had raised $10M in funding from Redpoint Ventures. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach. READ MORE>>.
The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by Redpoint Ventures, which funded the company out of its Los Angeles office. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 percent at 13.95
The new funding round was led by Redpoint Ventures and e.ventures, with Redpoint''s John Walecka joining the firm''s board. lastline malware defense software venture capital redpoint ucsb' According to the firm, the funding will go towards both sales and further developing its software. Lastline is led by Jens Andreassen.
The round was led by Redpoint Ventures. As part of the funding, Redpoint's Greg Martin joins the company's board of directors. As part of the funding, Redpoint's Greg Martin joins the company's board of directors. Tags: impact radius venture capital startup advertising performance executive redpoint. READ MORE>>.
Los Angeles-based Machinima.com , an online entertainment site focused on video gamers, has raised $9M in a investment from Redpoint Ventures, the firm said this week. As part of the investment, Geoff Yang of Redpoint will join the firm's board.
Last week, we talked with Fouad ElNaggar of Redpoint Ventures about some of the interesting companies in Southern California. Hark is backed by Redpoint, and happens to be co-founded by Fouad. Was Fouad with Redpoint at the time? David Aronchick: He was being courted very heavily be Redpoint at the time.
The funding was led by Highland Capital, and also included Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. Redpoint's Greg Martin, who is based in Los Angeles, represents the firm on 2tor's board. The firm also has significant operations in Los Angeles, just north of USC on Figueroa.
WebVisible is venture backed by Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures. Financial details of the partnership were not disclosed. Husqvarna is a maker of outdoor products such as chainsaws, lawn mowers, and garden tractors. READ MORE>>.
According to the firm, the round was led by Redpoint Ventures, and will go towards hiring, expansion, and continued development of its platform. As part of the funding, Redpoint's Satish Dharmaraj joins the company's board of directors. The round brings the company's total raised to $10M.
Clicker had announced in February that it had received $11M from JAFCO Ventures, Benchmark Capital and Redpoint Ventures. Los Angeles-based Clicker.com , the online video programming guide firm headed by former Ask.com CEO Jim Lanzone, has raised an additional $2.0M Source of the additional funds was not disclosed. READ MORE>>.
SVnetwork is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. SocialVibe provides an online advertising platform which encourages users to share and engage with brands. The firm's clients include Microsoft, GE, Amex, Toyota, Procter & Gamble, Coca-Cola, Sony, and Disney. SVnetwork is headed by Jay Samit. READ MORE>>.
The firm is venture backed by Anthem Ventures, Focus Ventures, Interscope, New Enterprise Associates, Redpoint Ventures, Sutter Hill Ventures, and Universal Music Group. BuzzMedia started its life as BuzzNet. READ MORE>>.
True Ventures and Redpoint Ventures both had 3 investments each. Nationally, there was $13.0 billion invested in companies across the nation, which PwC and the NVCA said was the highest level since Q4 of 2000.
SVnetwork is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. SVnetwork said it is connecting major advertisers like Microsoft, Visa, Disney, Toyota, and Procter & Gamble to users via social media sites, including Zynga and the Facebook application Causes. READ MORE>>.
Leadpoint, which is headed by Marc Diana, has previously raised funding from Breakwater Ventures, Estalea, European Founders Fund, Redpoint Ventures, RVA Enterprises Retirement Trust, and Stanford University. Source of the new funding, which came from nine investors, was not disclosed. READ MORE>>.
Machinma is venture backed by Redpoint Ventures, MK Capital, and others. Los Angeles-based Machinima , which operates a video entertainment network for video gamers and develops associated animated content tools, has raised $3.4M as part of an ongoing, $5.0M fundraising round, according to a regulatory filing from the firm. READ MORE>>.
2tor--which maintains an office in Los Angeles near USC--is venture backed by The Hillman Company, SVB Capital, WestRiver Capital, Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital.
Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and CrunchFund. Chill recently shifted to focus on social discovery, after stints as a chat hangout service for live streaming video, an Internet music lounge, and a Q&A and discussion site. READ MORE>>.
SocialVibe is venture backed by Norwest Venture Partners, Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. The firm said that brands using its platforms include GE, Best Buy, Disney, Nestle, McDonalds, Coke, Visa, AT&T, Proctor & Gamble, and Lexus.
The funding was led by GRP Partners, and also included Redpoint Ventures and August Capital. Santa Monica startup, Gravity --headed by former MySpace COO Amit Kapur--announced this morning that it has raised $10.6M in a Series B financing round for its personalization technology.
SocialVibe has previously raised funding from JAFCO American Ventures and Redpoint Ventures. 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. READ MORE>>.
Auditude is venture backed by Granite Ventures, Silicon Valley Bank, Greylock Partners, and Redpoint Ventures; the appointment of Helfand came in conjunction with a new, $11M Series B funding round for Auditude. In addition to its Palo Alto headquarters, Auditude has Los Angeles and New York offices.
Gravity was venture backed by August Capital, Redpoint Ventures, and Upfront Ventures, and had raised around $20.6M According to AOL, it will use Gravity''s technology to create more engaging, relevant, and valuable experiences for its consumers, advertisers and publisher partners. in total funding.
I left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. Leaving Redpoint and starting a new firm was a daunting prospect, but now that I am out on my own as an entrepreneur again it's been incredibly rewarding. What was the biggest news for you/your firm this year?
According to Lastline, the funding came from Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. Lastline , a developer of cybersecurity software for malware defense, which has its research and development headquarters in Goleta, has raised $10M more in funding.
The company raised $135M from Kohlberg Kravis Roberts, Redpoint Ventures and Elevation Partners back in 2012. READ MORE>>. music sonos superbowl super bowl commercial debut streaming hardware advertising'
Topspin is headed by former Yahoo Music GM Ian Rogers, and backed by Foundry Group and Redpoint Ventures. The firm said ten Topspin Enterprise accounts will cost $2,500, versus a normal pricing of $10,000. READ MORE>>.
The funding was led by Scripps Networks Interactive, and also included Liberty Media, Redpoint Ventures, Raine Ventures and Comcast Ventures. Santa Monica-based Tastemade , a publisher of food focused, video content led by Larry Fitzgibbon, said this morning that it has raised $25M in a Series C funding round.
Topspin is venture backed by Foundry Group and Redpoint Ventures. Topspin said it had held off adding more users until it added the features its current users were asking for, including ticketing, pre-ordering support, and the ability to create fan clubs and memberships. READ MORE>>.
The funding was led by Redpoint Ventures, and also included Forerunner Ventures, Upfront Ventures, Greycroft and Canvas Ventures, all existing investors. The funding was led by Redpoint Ventures, and also included Forerunner Ventures, Upfront Ventures, Greycroft and Canvas Ventures, all existing investors. READ MORE>>.
Chill is backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington. Chill also said it would be creating branded versions of the lounge feature for content providers, beginning next week. Among the first live streams featured on the Chill Lounge is ThisWeekIn. READ MORE>>.
The most active venture firms in Southern California were Benchmark Capital , TPG Ventures , and Redpoint Ventures , with three deals each; followed by NBGI Ventures , JAFCO , Trinity Ventures , Venrock , Domain Associates , Sanderling , The Founder Collective , Anthem Ventures , DFJ Frontier , and Interwest Partners , all with two deals apiece.
TasteMade is backed by Redpoint Ventures, and announced $5.3M The firm did not say it directly, but it is looking at the huge success that cable television''s Food Network--owned by Scripps and the Tribune Company--gained by riding the rise of cable television in the 1990''s. in a Series A funding round last month.
The site--which was originally a project of Namesake--gained funding from Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington of TechCrunch. Los Angeles-based Chill , the online video discussion website headed by Brian Norgard, has raised $1.5M
Los Angeles-based Clicker , the online video viewing guide firm backed by Benchmark Capital, JAFCO American Ventures, and Redpoint Ventures, said Tuesday that its iPhone application is now available on the Apple App Store.
BetterWorks is headed by Paige Craig, one of the most prolific angel investors in the Los Angeles area, and is venture backed by Redpoint Ventures. Booyah, Brightroll, Chegg, Evernote, Dailybooth, Formspring, Get Satisfaction, Inner Circle Labs, Klout, Miso, Nokia, Parisoma, Plancast and Twilio. READ MORE>>.
SocialVibe is backed by Redpoint Ventures and JAFCO Ventures. Users clicking on houses in that "virtual neighborhood" are asked to share information on Twitter or Facebook, in exchange for charities getting money donated to their cause. READ MORE>>.
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 Redpoint Ventures. Tastemade is the producer of a number of online, Youtube food and cooking shows, which had been founded by former Demand Media executives.
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