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Rustic Canyon Sells Positions In Portfolio

socalTECH

San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company.

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Perfect Market Acquired By Taboola

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Perfect Market--which was headed by Julie Schoenfeld--helped online publishers better monetize their library of content, helping then find long tail content and articles in their library of content and matching those to advertising. Taboola said the buy will help boost the company''s annualized run rate to $250M. READ MORE>>.

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Gaikai Acquired By Sony For $380M

socalTECH

According to Sony, the deal, which was signed June 30th, help SCE establish a cloud service and expand its network business. The firm's backers included Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, Rustic Canyon Partners, and TriplePoint Capital.

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Leads360 Links With Mortgage Software Firm

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Leads360 said that its software--used to manage sales leads from online channels--will help mortgage lenders using Optimal Blue's software to close the gap between leads and revenue. Leads360 is backed by Rustic Canyon Partners, and is headed by Dan Morefield, who was CIO of Overture Services before its acquisition by Yahoo.

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Report: Gaikai On The Block, May Bring More Than $500M

socalTECH

The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale. Backers of Gaikai include Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, Rustic Canyon Partners, and TriplePoint Capital. in the company.

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Perfect Market Acquires MediaRiver

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Pasadena-based Perfect Market, which is developing technology to help publishers monetize their archive content, said Monday that it has acquired technology from Mediariver, which can be used to match content and advertising to any web page. Financial terms of the acquisition were not disclosed.

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Thanks to socalTECH's Sponsors!

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Helping entrepreneurs succeed. Rustic Canyon Partners (www.rusticcanyon.com). Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. They include: Sponsors. Redpoint Ventures (www.redpoint.com). Silicon Valley Bank (www.svb.com).

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