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Interview with Fouad ElNaggar, Redpoint Ventures

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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. We really believe in the market.

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True(X) Media Finds $6M

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

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Jaunt Finds $65M To Open VR Studio In Los Angeles

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Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. 1 SE, Axel Springer SE, The Madison Square Garden Company plus Google Ventures, Highland Capital, Redpoint Ventures, Sky and SV Angel.

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Paige Craig Ventures Into Scripted

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Los Angeles-based angel investor Paige Craig is one of the investors in Scripted.com , the online marketplace for freelance writers headed by Sunil Rajaraman. Craig has been one of the most prolific angels in Silicon Beach. Scripted.com originally started life as Scripped in Los Angeles. READ MORE>>.

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Chill Raises $8M More

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Los Angeles-based Chill , the social video sharing and chat site led by Brian Norgard, has raised another $8M in funding, the firm said today. The firm sai the new funding was led by Kleiner Perkins Caufield & Byers and William Morris Endeavor. READ MORE>>.

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United Online's Helfand Departs, Joins Auditude

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Jeremy Helfand , the President of United Online 's Media Group, has departed the Woodland Hills-based firm and ended up at a Palo Alto startup. In addition to its Palo Alto headquarters, Auditude has Los Angeles and New York offices. According to Palo Alto-based Auditude this morning, Helfand has joined the company as CEO.

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Clicker Acquired By CBS Interactive

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Los Angeles-based Clicker.com , the provider of a guide to online video, has been acquired by CBS Interactive , the firms said Friday. CBS said that Clicker Media will become part of CBS Interactive'roster of properties. Financial terms of the deal were not disclosed. READ MORE>>.

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