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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. JanRain's software allows for single sign onto web sites, including using OpenID and other standards.

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ThisNext Gets New Funding

socalTECH

Los Angeles-based social shopping site ThisNext announced this morning that it has raised a new round of funding, and inked a partnership with online advertising firm Federated Media. Amount of the funding was not disclosed. Clearstone Venture Partners and Anthem Venture Partners also participated. READ MORE>>.

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ThisNext Buys Stylehive, Gains Funding

socalTECH

Santa Monica-based ThisNext announced this morning that it has acquired fashion and beauty site Stylehive , and raised a Series C round of funding. The firm did not disclose amount of the funding, however, a regulatory filing by the firm last week indicated the funding round was worth $1.2M. READ MORE>>.

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Four Sites To Add Adventure To Your Summer Travel Plans

socalTECH

We've dug through our database of high tech companies, web sites, and startups and found four Southern California companies and web sites looking to cater to that adventure traveler in you. . AdventureLink is backed by Allegis Capital, Anthem Ventures, and the Mailroom Fund, and is run by adventurer Jeff Dossett.

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BeachMint Gets $23.5M

socalTECH

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. Prior investors New Enterprise Associates, Trinity Ventures, and Anthem Ventures also participated in the new financing round.

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Zag Raises Funding

socalTECH

Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size. The firm recently spun out True Car, an automotive pricing information site. READ MORE>>.

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Cocodot Shifts Into Jewelry, Gifts

socalTECH

Hollywood-based Cocodot , the online invitations startup headed by former MySpace exec Shawn Gold, has made a subtle shift into the e-commerce sector in recent days, adding jewelry, chocolates, gifts, and more to the site. It's unclear when the shift happened, although the company just began emailing users about its various products today.

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