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Redpoint Ventures Closes $400M Fund

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Venture capital fund Redpoint Ventures , which has an outpost in Los Angeles, has some new cash in the bank, after announcing $400M in a new fund today, Redpoint V. The firm--which has investments in such local companies as Gravity, Chill, Sonos, and Machinima--said the new fund will go towards early stage investing.

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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

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2U Raises $120M In IPO

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2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 Redpoint Ventures owned 23.2 percent at 13.95 percent at 13.95

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11 Honore Gets $8M For Runway Fashions

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Los Angeles-based 11 Honore , a new startup offering up online shopping of designer, runway fashion, has raised $8m in a Series A funding, the company said on Monday. The funding was led by Redpoint Ventures, and also included Forerunner Ventures, Upfront Ventures, Greycroft and Canvas Ventures, all existing investors. READ MORE>>.

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Orca Security Secures $550M

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billion, the company said this morning. The company--led by CEO Avi Shua--said the new funding was led by Temasek. According to the company, the new investment will help it with "rapid global deployment", including in APAC. Orca Security was founded in 2019.

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Orca Security Joins Unicorns With $210M Injection

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the company said the funding gives it a valuation of $1.2 The funding was led by CapitalG, the growth fund of Alphabet, and Redpoint Ventures. The company says its customers include Robinhood, Databricks, Unity, Live Oak Bank, Lemonade, and BeyondTrust.

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FloQast Raises $110M

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Los Angeles-based accounting software developer FloQast said this morning that it has raised $110M in its Series D funding round, with its latest valuation putting the company into unicorn territory, at $1.2 The company develops financial close management software, used for financial reporting.

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