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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). This month we closed our 4th fund of $200 million.

Funding 343
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GRP Partners Raises New $200M Fund, Becomes Upfront Ventures

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Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. The 17-year old firm, which also said it will open up a brand new home at the center of Silicon Beach, signing a 10-year lease for a space on 7th Street in Santa Monica.

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Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

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Despite the increase in startup activity in Southern California, local venture capital funds are still few and far between, and a large chunk of the funding here is still from Sand Hill Road. The firm just announced that new fund, and a new name, Upfront Ventures (www.upfront.com). Tell us about the new fund?

Funding 196
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

No blog post about how Tiger is crushing everybody because it’s deploying all its capital in 1-year while “suckers” are investing over 3-years can change this reality. million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. It’s just math.

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How This Entrepreneur Raised $28,000 Using Airbnb to Fund Her Startup

Both Sides of the Table

So Tracy began keeping a blog about … (what else?) She became an authority on the topic and her blog helped her to both elevate her status in her industry as well as to bring great link juice to her website and improve her SEO. If you haven’t read my blog posts on why Tracy chose the right strategy it’s worth a read.

Startup 363
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Livefyre, Backed by Paige Craig, Scores More Funding

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San Francisco-based Livefyre , one of the many companies backed by prolific Los Angeles angel investor Paige Craig , has scored a new round of funding, the firm said today. Paige Craig is now heading up Santa Monica-based BetterWorks. LiveFyre said it raised $4.5M LiveFyre develops social commenting software. READ MORE>>.

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Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4

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Santa Monica-based Rubicon Project , the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon. READ MORE>>.