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Rustic Canyon Sells Positions In Portfolio

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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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Leads360 Uses Algorithms To Automate Sales Prioritization

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Los Angeles based Leads360 , the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better assign and drive leads and sales followups. Can an algorithm help improve the conversion rate of leads? READ MORE>>.

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TopFloor Takes $6M For Flash Fashion Sales

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Los Angeles-based TopFloor revealed today that it has raised $6M in a funding round, from Polaris Ventures, Google Ventures, Crosslink Ventures, and Rustic Canyon Partners. The firm is building a celebrity influencer based fashion and e-commerce site, geared around flash-sales of products. Science, Inc. ,

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Leads360 Gets $15M For Sales Lead Software

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Los Angeles-based Leads360 , the developer of leads management software headed by Nick Hedges, said this morning that it has raised $15M in new funding. The round was led by Volition Capital, and also included Rustic Canyon Partners. Leads360's software is used for managing and tracking sales leads. READ MORE>>.

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Docstoc Acquired By Intuit

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Docstoc was venture backed by Rustic Canyon Partners, Crosscut Ventures, as well as local angel investors like Mike Jones, Scott Walchek, Matt Coffin (LowermyBills), Brett Brewer (Intermix/MySpace), Robin Richards (MP3.com), com), and others.

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Lead360 Finds CFO

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Los Angeles-based Leads360 , the developer of sales lead management software, said today that it has named Darian Hong as its Chief Financial Officer. Leads360 is venture backed by Rustic Canyon Partners. Hong was most recently CFO of AT&T Interactive. READ MORE>>.

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Leads360 Names Hedges CEO

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Los Angeles-based Leads360 , the developer of sales lead management software, said today that it has named Nick Hedges and President and Chief Executive Officer. Hedges was previously President at Leads360, and previously served as Chief Revenue Officer, Head of Sales, and SVP of Business Development at the company.