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Rustic Canyon, Steamboat Get Exit At MerchantCircle

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Two Southern California venture capital firms have benefited from an acquisition yesterday of Mountain View-based MerchantCircle , an online local business advertising and networking site, by fellow online advertising firm Reply! The firm had announced a total funding of around $14.3M. READ MORE>>.

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Interview with Brian Garrett, Crosscut Ventures

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Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. We closed our fund in August of 2008. What do you invest in?

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Interview with Mark Suster, GRP Partners

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GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. billion to Yahoo, we did CitySearch, we invested in the largest travel site in Europe, called LastMinute.com, and also CyberSource--a number of very early stage, Internet companies.

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Docstoc's Jason Nazar Talks About DocStore

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Recently, Santa Monica-based Docstoc (www.docstoc.com) launched a new marketplace on its site, for anyone interested in selling professional documents. Jason is also behind the popular "Startups Uncensored" events in Los Angeles, so we also pinged him on how those events have been going. It's the eBay of professional documents.