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Redpoint Closes $400M Fund

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Redpoint Ventures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venture capital fund specifically aimed at the social and mobile Internet, cloud computing, and clean technology. Redpoint's efforts in Southern California are headed by Brad Jones. READ MORE>>.

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Report: Southern California Venture Capital Totals $464M In Q3

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Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 in funding raised; followed by Otonomy , a San Diego maker of treatments for hearing disorders, which raised $38.5M. funding, fellow San Diego cloud computing firm RightScale , with $25.0M in funding. in funding.

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Thanks to our sponsors!

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Redpoint Ventures (www.redpoint.com). Joyent - An Enterprise Class Cloud Computing Company funded by Intel Capital, provides the most comprehensive cloud solution available today. Thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors.