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Anthem Ventures Gets Second Exit In A Week

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Santa Monica-based Anthem Venture Partners has scored two exits in the last week, as Los Angeles-based Demand Media hit a homerun with its IPO Wednesday, and San Diego-based Plixi was acquired by Lockerz Thursday. Anthem is one of the more active local investors, and has recently backed BeachMint, CocoDot, and TrueCar, among other firms.

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Anthem Venture Partners

Tech.Co

We are active investors who almost always lead or co-lead and take a board seat. We invest primarily in early stage Series A and B technology companies. Our typical deal size is initial investment between $1,000,000 and $5,000,000 with reserve for follow-on investments. Our focus is primarily on Southern California investments.

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Scopely Snags Another Zynga Exec

socalTECH

The company has been quite active in hiring away former Zynga executives, most recently hiring Andy Kleinman, another former Zynga GM, as its Chief Business Officer. Scopely is venture backed by Anthem Venture Partners, The Chernin Group, Greycroft Venture Partners and New Enterprise Associates (NEA).

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FileTrek Debuts iPad Tool

socalTECH

According to the firm,the new FileTrek iPad app helps workgroup managers and team members to track the flow of projects, data, and activity from their iPad tablet. FileTrek is venture backed by Anthem Venture Partners, Telesystem, and the Ontario Emerging Technologies Funds, and also has operations in Ottawa, Canada.

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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. Interestingly, only Redpoint, Domain, Anthem, and DFJ Frontier have local offices in Southern California. A quick analysis of venture capital deals in Q1, tracked by socalTECH, finds that there was around $1.4 in a March deal.

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

socalTECH

An analysis of Q2's venture capital deals and investment activity in Southern California find that venture capitalists invested around $1.6 The deal totals were significantly boosted in the quarter by activity across Biopharmaceuticals ($247.2M billion in the area in Q2, up slightly from around $1.4 billion in Q2 of last year.

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Cocodot.com Ties With Lilly Pulitzer

socalTECH

Cocodot is backed by Anthem Ventures, Mailroom Fund, and Rincon Venture Partners. The firm claims celebrities Gwyneth Paltrow, Brooke Shields, David Arquette, Giada De Laurentiis, David Stark, Courteney Cox and Colin Cowie are all active users of the site. READ MORE>>.

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