Trending Sources

Anthem Caps Coverage Of Biogen Spine Drug Despite Wide FDA Approval

Xconomy

Anthem said the drug is only “medically necessary” for patients with Type 1 SMA. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Bio Roundup: Trump News, Anthem’s Stand, Diversity by 2056 & More

Xconomy

It was a wild week in biotech and on Capitol Hill. A new study showed it may take another 40 years to achieve gender diversity in life sciences. Tensions continued to mount between drugmakers and payers over the rising costs of rare disease drugs. And a group of biotechs led by Jounce Therapeutics were the first to test the IPO market in 2017.

Anthem, DFJ Frontier Back Janrain

socalTECH

Anthem Ventures , represented by Samit Varma , and DFJ Frontier, represented by David Cremin , are two of the investors in Portland-based JanRain , whose software is used to allow websites to use existing online accounts such as Facebook, Google, Twitter, and Yahoo to sign up for other web services or even corporate applications. READ MORE>>.

Anthem Ventures Gets Second Exit In A Week

socalTECH

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.

Insurer UHC Will Cover Biogen Spine Drug, But With Limits And Proof

Xconomy

Another major U.S. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Anthem Ventures Boosts Layer's Mobile App Tools

socalTECH

in funding, including capital from Santa Monica-based venture investor Anthem Ventures. apps mobile programming software ventures anthem layer Layer , a developer of application programming interfaces for building in messaging, voice, and video into mobile apps, disclosed this week that it raised $1.5M READ MORE>>.

Families Fret As Insurers Mull Biogen’s $750K Spine Disease Drug

Xconomy

This past Christmas weekend, Ana Memedovich had her best two days in more than a decade. Her 23-year-old son Mikhail has spinal muscular atrophy, or SMA, a rare genetic disease that has slowly robbed him of the ability to walk and function independently. On Dec. 23, the FDA approved nusinersen (Spinraza), the first-ever drug for the disease.

Anthem Ventures Gets Exit At Siperian

socalTECH

Santa Monica-based Anthem Ventures , the venture capital firm run by Bill Woodward, has scored an exit with portfolio firm Siperian , as Informatica said last week that it would buy the maker of data integration software for $130M in cash. Samit Varma at Anthem represented the firm as on Siperian's board of directors.

DFJ Frontier, Anthem Venture Into Portland Firm

socalTECH

Two Los Angeles-based venture firms, DFJ Frontier and Anthem Venture Partners , have invested in a Portland software firm developing online identification and single-sign in software. Tags: software janrain portland capital venture ventures anthem frontier

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Anthem Ventures North, Funds Avatar Firm

socalTECH

Santa Monica-based venture capital firm Anthem Ventures is the lead investor in an avatar-focused, social networking site called Meez. Meez, which is based in San Francisco, said today that it has raised a financing round from Anthem. Anthem's Brian Mesic has been added to the firm's board as part of the funding.

Anthem Ventures Backs Madefire For Comic Publishing Apps

socalTECH

Santa Monica-based Anthem Ventures is one of the investors in MadeFire , a developer of storytelling applications, MadeFire announced Wendesday. The funding round was led by True Ventures, and also included Anthem Venture Partners, Crosslink Ventures, and Correlation Ventures. READ MORE>>.

Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

Entrepreneurs Founders Fund Raising Startup Venture Capital Wall Street Anthem Venture Partners Private equity Ron Conway Venture capital

What Startups Can Learn From The Pizza Business: Samit Varma

socalTECH

I was part of the startup Odyssey Labs, which was backed by Anthem Ventures, and did that for a few years before going over to the venture side.

Embarke Raises $1.25M For Email MarketingTools

socalTECH

The company''s backers include Anthem Ventures, La Costa Investment Group, Right Side Capital Group, Promus Ventures, Social Leverage, plus angels, including Howard Lindzon, Eric Otterson, and others. The company is led by Al Bsharah. READ MORE>>. embarke venture capital funding seed email marketing optimization

Email 55

StackIQ Raises $6M

socalTECH

The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. San Diego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company. The company is led by Tim McIntire. READ MORE>>.

A Teachable Moment on Race

Both Sides of the Table

He said, “I know he wants to protest but it seems wrong to kneel during the national anthem. Shouldn’t he protest in a different way?” I dunno.

Anthem 115

TrueCar Files For IPO

socalTECH

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. and J.P. Morgan.

Email Copilot Acquired By Return Path

socalTECH

Email Copilot was formerly known as Embarke, and had been venture backed by Anthem Ventures, La Costa Investment Group, Promus Ventures, Right Side Capital Group, Social Leverage, along with angels Howard Lindzon, Eric Otterson, and Steve Macbeth. Financial terms of the acquisition were not announced. READ MORE>>.

Email 25

CARD.com Raises $3M For Prepaid Debit Cards

socalTECH

The Series A funding was led by QED Investors, and also included Resolute Ventures, Anthem Ventures, and angels such as Adam Press and Greg Steiner (BeachMint, eHarmony). Los Angeles continues to be a hotbed for new, finance-related startups this morning, as Santa Monica-based CARD.com announced it has raised $3M in a Series A funding.

Tinder Hooks Up With Spotify For Profile Music

socalTECH

According to Tinder, the new "Anthem" feature lets you include tracks on their profile, and swipe to see who shares your taste in music, and if you have your Spotify account connected, can show you the artists you have in common with other people. Looking for another way to connect with that special someone on Tinder ? READ MORE>>.

Scopely Dangles Chance At Trip For Zynga Recruits

socalTECH

Scopely, which is venture backed by Anthem Venture Partners, The Chernin Group, Greycroft Venture Partners and New Enterprise Associates (NEA), develops mobile games. Ever wanted to see one of the seven wonders of the world? READ MORE>>. scopely videogame angeles jobs

Surf Air Expands To Santa Barbara

socalTECH

Venture backed Surf Air has received funding from Velos Partners, Base Ventures, Anthem Venture Partners, NEA, Structure Capital, actor Jared Leto, TriplePoint Capital, Siemer Ventures, Baroda Ventures, Gilad and Eytan Elbaz, Rick Caruso, Jeffrey Stibel and Jonathan Schreiber. READ MORE>>.

Viewdle Being Acquired By Google, Says Report

socalTECH

Viewdle , a developer of computer vision technology which is venture backed by Anthem Ventures and Qualcomm, among others, is in the midst of an acquisition by Google , according to reports today. reality augmented vision computer anthem google acquisition merger viewdleTechCrunch said the acquisition is worth around $30M. READ MORE>>.

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. I will do my best to keep this up to date.

StyleMint Opens Early Access

socalTECH

BeachMint is backed by Scale Venture Partners, Lightbank, New Enterprise Associates, Trinity Ventures, and Anthem Ventures. per month.

Cocodot Gets $4.25M More

socalTECH

The firm has previously received funding from Anthem Ventures, Mailroom Fund, and Rincon Venture Partners. Representatives from both Anthem and Rincon continue to serve on the firm's board of directors. funding round, according to a regulatory filing from the firm. Source of the new funding was not disclosed. READ MORE>>.

SolarFlare Raises $5.0M

socalTECH

The firm has previously raised funding from Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, Intel Capital, and Miramar Venture Partners. Irvine-based SolarFlare , the developer of 10 Gigabit Ethernet (10GbE) semiconductors and adapters, has raised $5.0M READ MORE>>.

Surf Air Takes Flight, Starts All-You-Can-Fly Shuttles To Silicon Valley

socalTECH

Surf Air is venture backed by Velos Partners, Base Ventures, Anthem Venture Partners, NEA, actor Jared Leto, Mike Walsh, TriplePoint Capital, Siemer Ventures, Baroda Ventures, Gilad and Eytan Elbaz, Rick Caruso, and Jeffrey Stibel. Surf Air launched its first flight today at 10:45am, flying from Burbank to San Carlos. READ MORE>>.

Don’t go on a phishing trip!

Berkonomics

Anthem Blue Cross for example could be a phishing loser. The attack is believed to have started with custom malware sent to Anthem IT staff.

Solarflare In Talks With Marvell, Say Sources

socalTECH

Solarflare, which is headed by Russell Stern, is venture backed by Acacia Venture Partners, Accel Partners, Amadeus Capital Partners, Anthem Ventures, Foundation Capital, IDG Ventures, Intel Capital, Miramar Venture Partners, Oak Investment Partners, Sequoia Capital and Windward Ventures. Marvell did not respond to inquires via email.

Scopely Snags Another Zynga Exec

socalTECH

Scopely is venture backed by Anthem Venture Partners, The Chernin Group, Greycroft Venture Partners and New Enterprise Associates (NEA). Los Angeles-based mobile gaming firm Scopely said Thursday that it has snagged Reed Shaffner, the former General Manager at Zynga, as part of its product team. READ MORE>>.

FileTrek Raises $10M

socalTECH

The round was led by Anthem Venture Partners, Telesystem, and the Ontario Emerging Technologies Funds. FileTrek's board includes William Woodward, Managing Director at Anthem Venture partners. FileTrek, which is led by Dale Quayle, the former CEO of Integrien, said it will use the funding to support the release of its product.

BeachMint Looks To Groupon For JewelMint Promo

socalTECH

BeachMint is backed by Trinity Ventures, Stanford University, New Enterprise Associates, and Anthem Ventures. READ MORE>>.

Big Frame Lands $3M

socalTECH

The round came from Anthem Venture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm and Social Starts, and angels Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling and Dan Murray. READ MORE>>. bigframe frame youtube hollywood entertainment content talent venture capital

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. I will do my best to keep this up to date.

Cocodot Shifts Into Jewelry, Gifts

socalTECH

Cocodot has previously gotten funding from Anthem Ventures, Mailroom Fund, and Rincon Venture Partners. READ MORE>>.

Scopely Raises $8.5M

socalTECH

in a new, seed financing round, from Anthem Venture Partners, The Chernin Group, Greycroft Venture Partners and New Enterprise Associates (NEA), as well as angels. It looks like all that bacon paid off. Scopely said it is developing mobile and social applications, including the Buddies franchise of multiplayer games. READ MORE>>.

Scopely: Out With The Bacon, In With The Cash

socalTECH

The new offer from Scopely comes a couple of years after the firm's last, recruitment push, which offered not just cash, but cash wrapped in bacon.

SurfAir's Subscription Airline Flights Now Targeted By End of 2012

socalTECH

The startup airline--headed by Wade Eyerly and backed by such venture firms as Anthem Venture Partners, NEA, TriplePoint Capital, Siemer Ventures, Baroda Ventures, and a number of high profile angels--is currently working through the process of FAA certification. READ MORE>>. airport muckerlab subscription regional commercial airline surfai

BeachMint Gets $23.5M

socalTECH

Prior investors New Enterprise Associates, Trinity Ventures, and Anthem Ventures also participated in the new financing round. Santa MOnica-based BeachMint , the celebrity e-commerce site started by former MySpace founder Josh Berman and Diego Berdakin, said Friday afternoon that it has raised $23.5M in a new funding round. READ MORE>>.