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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

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.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Startup Spotlight: Landline. is negative.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region.

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Mission Ventures' Lee Departs For Stealth Startup

socalTECH

Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area.

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BetterWorks Adds Discovery, Advanced Ordering

socalTECH

Santa Monica-based BetterWorks , the employee perks and benefits startup headed by Paige Craig, said Wednesday that it has updated its product, adding new perk discovery features, and advanced ordering of perks. Paige Craig is among the most active Los Angeles angel investors, and turned his attention to Betterworks in December of last year.

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Q1 Southern California Venture Deals Rise To Around $1.4B

socalTECH

billion in venture activity here in Q1, up significantly from around $997M tallied in Q4. The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Other big funding deals included a big, $115.3M

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

socalTECH

for the quarter, up from both Q4 of last year as well as the comparable Q1 quarter in 2009, according to the latest numbers from PricewaterhouseCoopers and the NVCA. in Q1, up from $588.033M tallied by the report in Q4 of 2009, and up significantly from the $320.2M invested across 18 deals, followed by Los Angeles, with $224.4M