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What Mattered in 2010: Greg Martin, Archer Venture Capital

socalTECH

2010 was a momentus year for me personally. I left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. In your opinion, what events, companies, or people made the biggest impact on the technology world in 2010? What was the biggest news for you/your firm this year? Stay tuned.

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Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

socalTECH

The analysis was based on tracking of venture capital, angel, and private equity deals by socalTECH.com, which maintains its own proprietary database of local and national venture capital deals and dealmakers. billion in the area in Q2, up slightly from around $1.4 billion invested in Q1, and up from $1.0 billion in Q2 of last year.

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Chill Shifts To Social Discovery

socalTECH

In another shift of focus, Los Angeles-based Chill , the startup headed by Brian Norgard and Dan Gould, has recast the site as a social video discovery site, and away from its live chat and video hangout focus. The new focus is one of several iterations made by Chill since its started life as Namesake, a social Q&A service, back in 2010.

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Betterworks Ramps Hiring, Looks To Hire 50

socalTECH

Testifying to the rapid growth rate at which local startups operate, Santa Monica-based BetterWorks , the online employee benefits and perks firm headed by Paige Craig, revealed Tuesday that it is expecting to expand its team to over 80 people, after inking a round of funding from Redpoint Ventures.

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SoCal Venture Deals Up In Q2

socalTECH

Los Angeles saw $407.2M In terms of venture firms, the most active firms from Southern California, nationally, were Redpoint Ventures (9 investments), Steamboat Ventures (5 investments), and GRP Partners , Rustic Canyon Partners , Blade Ventures , Avalon Ventures , and Angeleno Group , with four investments each. and 80 deals in Q1.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

billion in investments in 681 deals in the first quarter of 2010. invested across 18 deals, followed by Los Angeles, with $224.4M The energy and clean technology sector actually helped boost investments in Los Angeles, as well, with big deals for Torrance-based Amonix , which raised $64.4M Nationally, Q4 of 2009 brought in $5.2

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Monetization: virtual goods (1/3 of total revenues); Partnerships with major brands (currently partnered with H&M and Travel Channel); forecasted to hit 6mm users by end of Summer 2010.