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DFJ Frontier, Anthem Boost Janrain

socalTECH

Two local venture capital funds here in Southern California have backed Janrain , a developer of user management software tools used by websites to better manage registration and site visitors. Janrain said the funding will go towards growth, after it more than doubled its revenues in 2012. READ MORE>>.

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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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TweetPhoto Gets $2.6M

socalTECH

San Diego-based TweetPhoto , an online site which allows users to share photos through Twitter, Facebook, LinkedIn, FourSquare, and other social networking sites, said today that it has raised $2.6M in a Series A funding round. The round was led by Canaan Partners and also included Anthem Venture Partners and un-named angels.

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Zag Adds Another AAA Group

socalTECH

Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software. million members. The deal includes both providing new and used cars for AAA Mid-Atlantic.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. Paul talked about Neuhaus Partners, a 65 million Euro fund with the remit to invest in German-speaking countries.

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Zag Powers AAA Service

socalTECH

Santa Monica-based Zag.com , the online car buying software firm headed by Scott Painter, announced this morning that it has inked a deal with the AAA, to power a new service called AAA Automaker. Zag is venture backed by Anthem Venture Partners, USAA, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund.

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Interview with Derrick Oien, Intercasting

socalTECH

We seem to receive lots of pitches from companies looking to attack the mobile market with their mobile software applications, but few who have deployed on-deck with carriers. in funding from Venrock, Avalon, and Masthead. Derrick Oien: We have a platform we develop, called ANTHEM. Intercasting is backed by $17.5M