socalTECH

JULY 27, 2012

Los Angeles-based PayDragon has raised $1.35M in its seed funding, the firm disclosed Friday. The firm--which had earlier disclosed the seed roudn , but without dollar amounts--said the funding included Rustic Canyon Ventures, SV Angel, and Y Combinator, as well as Yuri Milner and Mark Schwartz.

Seed Funding 159

Seed Funding Rustic Canyon Mobile Funding 159

Both Sides of the Table

JULY 16, 2010

But equally some partners joined firms in 2000 and have still never seed any upside in cash since their funds haven’t yet returned the initial capital [note: VC funds usually return all of the capital that they raised first and then share 20% of the profits above this hurdle]. But in bad economies many angels get burned.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Tech Zulu Event

OCTOBER 21, 2011

It’s a three-month program providing its selected startups with $21,000 in seed funding, plus the typical incubator benefits like shared office space, legal assistance, infrastructure and hosting, and mentorship from a network of advisors.

Los Angeles 58

Los Angeles Rustic Canyon Incubator Angel 58

Both Sides of the Table

APRIL 28, 2010

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. 11.2mm in Series A, rumored pre-money of $35mm; $1.6mm angel raised in Jan 2010. Read more: TechCrunch. We had a nice debate.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

socalTECH

SEPTEMBER 30, 2009

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. We closed our fund in August of 2008. How tough was it to start up a new fund?

Southern California 153

Southern California Startup Palomar Rustic Canyon 153