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j2 Global Plans CEO Shift, As Zucker Joins LA Venture Capital Firm

socalTECH

In a major move for Los Angeles-based j2 Global is planning to turn over operation of the company to Vivek Shah, as current CEO Hemi Zucker plans a move to a new, venture capital investment firm called OCV Management. Zucker became President at j2 in 2005, and has been CEO for the last eight years. READ MORE>>.

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FastSpring Acquired By Accel-KKR

socalTECH

According to FastSpring, Accel-KKR has made a majority equity investment in the firm, to provide capital and resources for its technology and go-to-market initiatives. FastSpring was founded in 2005, and is led by CEO Chris Lueck. Financial details of the acquisition were not announced.

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Reflections on 2018: Kelly Perdew, Moonshots Capital

socalTECH

This morning's reflections are from Kelly Perdew , managing general partner of at Moonshots Capital (www.moonshotscapital.com). Kelly Perdew is the managing general partner of at Moonshots Capital , a $20M committed fund, and has previously invested over $12.5M in 50+ companies through his angel and syndicate deals.

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Kairos Venture Partners Raises $74.6M In New Fund

socalTECH

Beverly Hills-based Kairos Venture Partners , a venture capital investment firm that specifically focuses on commercialization of scientific discoveries, has raised $74.6M The firm's founder and Managing Partner is Jim Demetriades, an entrepreneur who founded SeeBeyond, took public, and which he sold to Sun Microsystems in 2005.

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Mighty Oak Entertainment Gets Investment

socalTECH

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., the company said last week. READ MORE>>.

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Core Innovation Capital's Quest To Find Finance Innovation, With Arjan Schutte

socalTECH

Los Angeles has recently become the hotbed for financial startups--from Green Dot, to Blackline Systems, to Wallaby and ZestCash. Thanks to that activity, a new, venture investor has moved into town, Core Innovation Capital (www.corevc.com) , to specifically take advantage of those opportunities.

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With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown significantly.