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Rustic Canyon Speaks out on GaiKai Exit, Changing Nature of VC, LA Tech & More

Both Sides of the Table

Nate Redmond is the managing partner of Rustic Canyon Partners – he’s probably one of the youngest managing partners of a major fund you’ll meet. But my take: Gaikai had superior technology & a superior business strategy. Nate, tell us a bit about Rustic Canyon Venture Partners.

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Transonic Combustion Takes $32M For Fuel Injection Technology

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Camarillo-based Transonic Combustion , which is developing high efficiency, fuel injection systems for internal combustion engines, said today that it has raised $32M in a Series D funding round. The firm said the round will go towards expanding development of its product and meeting customer commitments.

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Practice Technologies Becomes RealPractice, Moves To OC

socalTECH

Practice Technologies , a developer of software for attorneys and law firms, is announcing today that it has renamed itself RealPractice , moved its headquarters to Santa Ana, and also hired Carey Ransom as its new CEO. RealPractice is venture backed by Miramar Venture Partners and Rustic Canyon Partners. READ MORE>>.

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Perfect Market Acquired By Taboola

socalTECH

Pasadena-based Perfect Market , the Idealab-backed developer of programmatic advertising technology, has been acquired by New York-based Taboola. Perfect Market was backed by Comcast Ventures, Idealab, Rustic Canyon Partners, Square 1 Bank, Tribune Company, and Trinity Ventures. READ MORE>>.

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Gaikai Gets $10M More

socalTECH

Los Angeles-based Gaikai , which is developing technology which allows computer gamers to play computer games online through their web browser, said today that it has raised more than $10M in a Series B funding round. Benchmark's Mitch Lasky sits on the board, as does Rustic Canyon's Nate Redmond.

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Why Technology is Driving More Urban Renewal

Both Sides of the Table

Back in 2006/07 when I sold my company and then worked at Salesforce.com there were very few options in SF for technology folk to build their careers at big, growing companies. Technology innovation doesn’t occur in a vacuum. And sci-fi writers are but one example of the way society impacts technology. Today there’s many.

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Gaikai Signs Capcom

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Gaikai--which develops videogame streaming technology--said the deal will allow Capcom to reach a broader audience. Gaikai is venture backed by Benchmark Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital. Financial details of the agreement were not disclosed. READ MORE>>.