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March Capital Backs Mandal's The Fabric

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Los Angeles-based March Capital Partners has joined Verizon Ventures in backing a new, early stage investment accelerator--called The Fabric --whose co-founders include Sumant Mandal, a Managing Partner at March Capital Partners, and former Managing Partner at Clearstone Ventures.

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Sixgill Raises $6M For Proximity Sensing

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Santa Monica-based Sixgill , a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.

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Titan Gaming Rounds Up $1M From Who's Who Of LA Tech Investors

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Los Angeles-based Titan Gaming is announcing this morning that it has scored $1M in an angel funding round, from notable local angel investors. Tags: angel videogame investment capital venture gaming titan. READ MORE>>.

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Rubicon Project Bolsters Executive Ranks

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Los Angeles-based online advertising firm Rubicon Project is significantly boosting its executive ranks today, saying that it has named a new CTO, General Counsel, and SVP of Product Management to the firm.

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Rubicon Project: 270 Percent Year over Year Growth

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Los Angeles-based Rubicon Project , the online advertising optimization service firm headed by Frank Addante, is claiming this morning that the firm saw 270%, year over year growth in 2009. The firm is backed by $42M in funding from Clearstone Ventures, Mayfield, IDG Venturs, and the GE/NBC Universal Peacock Equity Fund.

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Rubicon Updates Publisher Tool

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Los Angeles-based Rubicon Project , which supplies ad optimization software to web publishers, announced today that it has released a new version of its VANTAGE Firefox browser plug-in, which helps provide its publishers with revenue and impressoin statistics and other information. READ MORE>>.

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Rubicon Hires Two Execs

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Los Angeles-based Rubicon Project is expanding its executive team today, saying that it has hired Ben Trenda as VP of U.S. Rubicon develops online advertising optimization software and related services, and is backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures and the Peacock Equity Fund.