Trending Sources

Redpoint's Fouad ElNaggar Departs Firm

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ElNaggar said he "missed being an operator" despite describing his positoin at Redpoint as "a dream job." READ MORE>>.

Interview with Fouad ElNaggar, Redpoint Ventures

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It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. Thanks!

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

Can The Next Big Tech Company Be Built In LA?

Tech Zulu Event

During Twiistup 8 a panel moderated by Jason Nazar (DocStoc) and joined by panelist David Travers (Rustic Canyon), Brian Norgard (Namesake), Fouad ElNaggar (Redpoint) and Demian Sellfors (Media Temple), spoke about if the next big tech company could be built in Los Angeles? Visit TechZulu for full story.

WebVisible Cuts Deal with Husqvarna

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WebVisible is venture backed by Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures. Irvine-based WebVisible , which provides local online marketing services and software, and chainsaw maker Husqvarna said this morning that the two are in an online search advertising partnership. READ MORE>>.

Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

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Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. ElNaggar was in Redpoint's LA offices from 2005 until 2011, and had stints on the boards of Machinima and Hark, among other companies. Sapho is in Silicon Valley.

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Chill Adds Private Chat, Social Game Features

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Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington of TechCrunch.

SocialVibe Ties Into Facebook Credits

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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. READ MORE>>.

Topspin Media Opens Up Signups

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Topspin is venture backed by Foundry Group and Redpoint Ventures. Los Angeles-based Topspin Media , the music marketing and software firm headed by Ian Rogers, has opened up general signups for its service, the firm said Wednesday in Austin. READ MORE>>. topspinmedia topspin media music marketing software beta general release

Clicker Acquired By CBS Interactive

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Clicker was venture backed by Benchmark Capital, JAFCO, Redpoint Ventures, and Blake Krikorian, and had raised around $21M in funding.

Report: WebVisible Shuts Down

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The company has not yet confirmed the shutdown, however, founder and CEO Kristen Mangers had left the firm in January in 2011. WebVisible had raised over $37M in venture capital, from such investors as Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures. READ MORE>>.

Machinima Raises $3.4M

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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>>.

Chill Gets $1.5M

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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. The funding was reported first by TechCrunch, due to Michael Arrington's investment involvement in the company. READ MORE>>.

Chill Links Into Hulu

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Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, and CrunchFund. Los Angeles-based Chill , the social chat startup headed by Brian Norgard and Dan Gould, said today that it has launched a major integration of its site with Hulu. READ MORE>>. chill hulu video streaming chat social

Topspin Adds Discounts For Multiple Accounts

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Topspin is headed by former Yahoo Music GM Ian Rogers, and backed by Foundry Group and Redpoint Ventures. Topspin said its new offering, called Label Pricing, will provide batched account upgrades for a single price. The firm said ten Topspin Enterprise accounts will cost $2,500, versus a normal pricing of $10,000. READ MORE>>.

Chill Rolls Out Music Lounges, Streams TC Disrupt

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Chill--which is part of Namesake--allows users to interact in real time while watching videos, via a real time chat and interactive avatar interface.

SVnetwork Names Marketing Head

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SVnetwork is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. Los Angeles-based SVnetwork (SocialVibe) said today that it has named Larry Lieberman as Chief Marketing Officer at the social advertising firm. SocialVibe provides an online advertising platform which encourages users to share and engage with brands.

Betterworks Plans Expansion To OC, San Diego, Austin, and NYC

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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. The firm--which has been ramping up efforts in the San Francisco Bay Area over the last few months--said it so far has signed up private beta customers at. READ MORE>>.

BetterWorks Bumps Round Size

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BetterWorks had said it had raised $8.0M in the round at that time, led by Redpoint Ventures. Santa Monica-based BetterWorks appears to have bumped the size of the funding round it announced in August, according to a regulatory filing from the firm Wednesday. READ MORE>>. betterworks venture capital employee benefits perks

2tor Finds $32.5M

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The funding came from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and CityLight. New York-based 2tor , the online education startup which powers online degree programs from the University of Southern California (USC) and others, has raised $32.5M in a Series C funding. 2tor also has operations near USC. READ MORE>>.

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Topspin Releases Ticket App To App Store

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Topspin--which is backed by the Foundry Group and Redpoint Ventures--develops software which helps artists market their music, and is headed by Ian Rogers, the former GM of Yahoo Music. The app allows music venues to scan paper and smart-phone tickets sold through Topspin's software using their iPhone. READ MORE>>.

Topspin Preps Updated iPhone Ticket App

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Topspin is venture backed by the Foundry Group and Redpoint Ventures, and Ian Rogers is the former GM of Yahoo Music. Venice, California-based Topspin , the online music marketing software firm headed by Ian Rogers, said today that it is prepping an update to the firm's iPhone application for ticketing. READ MORE>>.

BetterWorks Gets $8M

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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. READ MORE>>.

Rustic Canyon Backs Social Shopping Site

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The round came from new investor Rustic Canyon Partners, and also included prior investors Blumberg Capital and Redpoint Ventures. Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. READ MORE>>.

Betterworks Ramps Hiring, Looks To Hire 50

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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. READ MORE>>.

Chill Launches Livestreaming Lounge

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Chill is backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington. Los Angeles-based Chill , the social video streaming service created by Brian Norgard and Dan Gould, said Wednesday afternoon that it has launched a new feature around its "Chill Lounge". READ MORE>>.

OneLogin Powers Wealthfront

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OneLogin is venture backed by Charles River Ventures and Redpoint Ventures. Santa Monica-based OneLogin , a developer of single sign-on software, is powering the login capabilities for wealth management site Wealthfront , the firms said today. Financial details of the win were not disclosed. READ MORE>>.

Mission Ventures' Lee Departs For Stealth Startup

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Lee has previously served in associate and intern roles at Riordan, Lewis & Hayden and Redpoint Ventures, and prior to that was at Cisco Systems. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area. Lee has not yet announced what he his new startup is up to.

BetterWorks Adds Discovery, Advanced Ordering

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BetterWorks has been growing its staff since an $8M funding round announced at the beginning of August; the firm's funding was led by Redpoint Ventures. In addition, the company said it will now allow employees to make advanced order arrangements for food, specifying the day/hour of delivery for orders directly from the site. READ MORE>>.

SocialVibe Aims Product At Politics

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The firm is venture backed by Norwest Venture Partners, Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. Los Angeles-based SocialVibe , the online advertising firm run by Jay Samit, said today that it has launched a new, political advertising solution ahead of the 2012 elections. READ MORE>>.

SocialVibe Gets $20M More

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The funding was led by Norwest Venture Partners, and also included Redpoint Ventures, Jafco Ventures, and Pinacle Ventures. Los Angeles-based SocialVibe , the provider of social advertising software and technology, announced today that it has raised $20M in additional equity funding. SocialVibe is headed by Jay Samit. READ MORE>>.

Interview with Robert Flynn, Aggregage

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Since then, that company has been able to get Benchmark and Redpoint, and Jim Lanzone is doing a great job with Clicker. In the quest to own the world of Internet content, there has been a huge amount of focus given to the world of consumer Internet content. What is Aggregage? That is starting to show itself in the B2B space. at that time.

CPC 7

True(X) Media Finds $6M

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The online advertising technology provider said the funding came from prior backers Jafco Ventures, Pinnacle Ventures, Norwest Venture Partners and Redpoint Ventures. 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. READ MORE>>.

2tor Lands $750K

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The firm has previously raised funding from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. New York-based 2tor , a startup which helps universities develop online degree programs, has just raised $750,000 in additional funding, according to a regulatory filing by the firm Monday. READ MORE>>.

United Online's Helfand Departs, Joins Auditude

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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. According to Palo Alto-based Auditude this morning, Helfand has joined the company as CEO.

Internet Machines Sues Best Buy, EMC, Fusion-IO, Others

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Internet Machines--which was later renamed IMC Semiconductor--had been backed by Exar Corporation, Meritech Capital, Morgan Stanley, Redpoint Ventures, and Scale Venture Partners, and was based in Agoura Hills. The Texas Eastern District Court is a favorite for patent lawsuits.

What Mattered in 2010: Greg Martin, Archer Venture Capital

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left a great firm, Redpoint Ventures (after 11 years), to start a new firm, Archer Venture Capital. 2010 was a momentus year for me personally.

Rustic Canyon Gets Quick Exit At Mertado

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Financial terms of the acquisition were not disclosed, however, the acquisition comes only four months after Mertado raised $2.3M in a round from Rustic canyon, Redpoint Ventures, Y Combinator, and Blumberg Capital. Rustic Canyon had led the September 2011 investment in Mertado. Mertado develops a social shopping service for Facebook.

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

CEO hinted to WSJ that it may go public in early 2011.  When the show has been processed it will be available here (estimated 8pm PDT). Huddle.