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Los Angeles Venture Investors Get Their Mojo Back

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For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment.

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March Capital Backs Mandal's The Fabric

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Los Angeles-based March Capital Partners has joined Verizon Ventures in backing a new, early stage investment accelerator--called The Fabric --whose co-founders include Sumant Mandal, a Managing Partner at March Capital Partners, and former Managing Partner at Clearstone Ventures.

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Hopscotch Raises $5M In Series B

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Los Angeles-based Hopscotch , the developer of a mobile app platform used heavily by colleges, sports teams, live events, and venues, has raised $5M in a Series B funding, the company announced on Wednesday. The funding also included Mosaik Partners and Albrecka LLC. READ MORE>>.

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ThisNext Gets New Funding

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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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Crowdfunder Raises $3.5M

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Los Angeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M in a Series A funding, the company said late Tuesday evening.

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Southern California Firms Gets $694M In Q3 2012 Venture Funding

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in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M In Los Angeles, near $324.2M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised. billion in investments; followed by New England, with $826.1M in investments. in investments.

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Sixgill Raises $6M For Proximity Sensing

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Santa Monica-based Sixgill , a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.