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Los Angeles Startup Community

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I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles.

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles.

Jaunt Finds $65M To Open VR Studio In Los Angeles

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Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. READ MORE>>. jauntvr jaunt virtual reality content hollywood film cinema cinematic videos venture capital

Redpoint's Fouad ElNaggar Departs Firm

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ElNaggar said he "missed being an operator" despite describing his positoin at Redpoint as "a dream job." READ MORE>>.

Interview with Fouad ElNaggar, Redpoint Ventures

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It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. Thanks!

Report: Redpoint's Martin Leaving Firm

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Greg Martin , the partner heading up Redpoint Ventures ' Los Angeles office, has reportedly left the firm, according to a report from the Private Equity Insider. Martin is no longer listed on Redpoint's web site, was not listed in its latest fundraising documents, and declined to comment on the story. READ MORE>>.

Can The Next Big Tech Company Be Built In LA?

Tech Zulu Event

During Twiistup 8 a panel moderated by Jason Nazar (DocStoc) and joined by panelist David Travers (Rustic Canyon), Brian Norgard (Namesake), Fouad ElNaggar (Redpoint) and Demian Sellfors (Media Temple), spoke about if the next big tech company could be built in Los Angeles? Visit TechZulu for full story.

Machinima Gets $24M, But Chops Staff

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Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. However, the company also made some big cuts in its staff on Friday, following the funding round. READ MORE>>.

True(X) Media Finds $6M

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Los Angeles-based True(X) Media --which was most recently known as SocialVibe--disclosed this week that it has raised $6M in a new funding round. The online advertising technology provider said the funding came from prior backers Jafco Ventures, Pinnacle Ventures, Norwest Venture Partners and Redpoint Ventures. READ MORE>>.

Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

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Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. ElNaggar was in Redpoint's LA offices from 2005 until 2011, and had stints on the boards of Machinima and Hark, among other companies. READ MORE>>.

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Machinima Raises $3.4M

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Los Angeles-based Machinima , which operates a video entertainment network for video gamers and develops associated animated content tools, has raised $3.4M as part of an ongoing, $5.0M Machinma is venture backed by Redpoint Ventures, MK Capital, and others. fundraising round, according to a regulatory filing from the firm.

Southern California Startups Raise $761.12M in Q2 2014

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According to the report, there was $472.15M invested in Los Angeles, $222.4M True Ventures and Redpoint Ventures both had 3 investments each. The numbers are based on data provided to the two by Thomson Reuters. invested in San Diego, and $66.53M invested in Orange County during the period. Nationally, there was $13.0

Chill Becoming Pinterest For Videos?

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Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and CrunchFund. READ MORE>>.

2tor Finds $32.5M

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Greg Martin, of Los Angeles-based Archer Venture Capital, sits on 2tor's board. The funding came from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and CityLight. 2tor also has operations near USC. READ MORE>>. 2tor venture capital funding education degree startup

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Chill Links Into Hulu

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Los Angeles-based Chill , the social chat startup headed by Brian Norgard and Dan Gould, said today that it has launched a major integration of its site with Hulu. Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, and CrunchFund. READ MORE>>.

BetterWorks Gets $8M

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Los Angeles-based BetterWorks , the employee benefits platform provider headed by Paige Craig, announced today that it has raised $8M in a Series A funding round. According to the firm, the round was led by Redpoint Ventures, and will go towards hiring, expansion, and continued development of its platform. READ MORE>>.

Topspin Ties With MTV On Artists.MTV

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Los Angeles-based Topspin and MTV said Thursday at SXSW that the two are in a new partnership, on a new initiative called Artists.MTV. Topspin, which is led by Ian Rogers, the former GM of Yahoo Music, is venture backed by Redpoint Ventures and The Foundry Group. READ MORE>>.

SVnetwork Names Marketing Head

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Los Angeles-based SVnetwork (SocialVibe) said today that it has named Larry Lieberman as Chief Marketing Officer at the social advertising firm. SVnetwork is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. SVnetwork is headed by Jay Samit. READ MORE>>.

Gravity Gets $10.6M More For Real Time Personalization

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The funding was led by GRP Partners, and also included Redpoint Ventures and August Capital. READ MORE>>.

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 2tor merger acquisition redpoint greg martin

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Clicker Acquired By CBS Interactive

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Los Angeles-based Clicker.com , the provider of a guide to online video, has been acquired by CBS Interactive , the firms said Friday.

Topspin Adds Discounts For Multiple Accounts

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Los Angeles-based Topspin , the developer of online marketing and commerce software for musicians and music labels, announced this morning that it is now providing discounted, multiple account software for record labels, marketing agencies, and others. READ MORE>>.

Chill Rolls Out Music Lounges, Streams TC Disrupt

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Chill--which is part of Namesake--allows users to interact in real time while watching videos, via a real time chat and interactive avatar interface.

Topspin Media Opens Up Signups

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Los Angeles-based Topspin Media , the music marketing and software firm headed by Ian Rogers, has opened up general signups for its service, the firm said Wednesday in Austin. Topspin is venture backed by Foundry Group and Redpoint Ventures. READ MORE>>. topspinmedia topspin media music marketing software beta general release

Chill Shifts To Social Discovery

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In another shift of focus, Los Angeles-based Chill , the startup headed by Brian Norgard and Dan Gould, has recast the site as a social video discovery site, and away from its live chat and video hangout focus. The site now highlights videos shared by members, aggregating those videos and allowing users to comment on them. READ MORE>>.

Interview with David Aronchick, Hark

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Last week, we talked with Fouad ElNaggar of Redpoint Ventures about some of the interesting companies in Southern California. READ MORE>>.

Chill Adds Private Chat, Social Game Features

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Chill is venture backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington of TechCrunch.

Chill Gets $1.5M

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Los Angeles-based Chill , the online video discussion website headed by Brian Norgard, has raised $1.5M in angel funding, according to the firm's angel investment backers. chill namesake social viewing facebook venture capital angel investmentChill was spun up out of Namesake on August 10th. READ MORE>>.

Machinima, Lionsgate Renew Deal

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The firms, both of which are located in Los Angeles, said the second season of the series will run on both Machinima's online YouTube network, as well as via Lionsgate's FEARnet premium cable network. The company is venture backed by MK Capital and Redpoint Ventures. Financial details of the deal were not disclosed. READ MORE>>.

Betterworks Plans Expansion To OC, San Diego, Austin, and NYC

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BetterWorks is headed by Paige Craig, one of the most prolific angel investors in the Los Angeles area, and is venture backed by Redpoint Ventures. The firm--which has been ramping up efforts in the San Francisco Bay Area over the last few months--said it so far has signed up private beta customers at. READ MORE>>.

Rustic Canyon Backs Social Shopping Site

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Los Angeles-based venture capital firm Rustic Canyon is the lead investor in a round of funding from a social shopping site out of Y Combinator. The round came from new investor Rustic Canyon Partners, and also included prior investors Blumberg Capital and Redpoint Ventures. READ MORE>>.

Mission Ventures' Lee Departs For Stealth Startup

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Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area.

SocialVibe Ties Into Facebook Credits

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Los Angeles-based SocialVibe , the social advertising firm headed by Jay Samit, said Thursday afternoon that it has linked into the Facebook platform, and will allow people to earn Facebook Credits through engaging with its video engagements. READ MORE>>. socialvibe facebook credits platform advertising engagement social networking

SocialVibe Names Tappin As New CEO

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Los Angeles-based SocialVibe , which provides online, social advertising to brands, said today that it has named Todd Tapping as its Chief Executive Officer. SocialVibe is venture backed by Norwest Venture Partners, Redpoint Ventures, Jafco Ventures and Pinnacle Ventures. Tappin was previously COO and CFO at the company.

Looking At LA's Technology Future with Derek Norton

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First off, talk about your involvement in some of the companies here, and also explain your view of where Los Angeles is going in the technology world?

2tor Lands $750K

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The firm has previously raised funding from Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners, and City Light Capital. 2tor is powering online degree programs from universities, including the University of Southern California, and has operations in Los Angeles. READ MORE>>.

Online Learning Firm With Links To USC Gets Funded

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A New York-based online learning firm with links to the University of Southern California has scored a round of funding, and added Redpoint's Greg Martin to its board, the firm said this morning. Redpoint's Martin is based in Los Angeles. That program, MAT@USC, ofers a Master of Arts in Teaching through online courses.

Chill Launches Livestreaming Lounge

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Los Angeles-based Chill , the social video streaming service created by Brian Norgard and Dan Gould, said Wednesday afternoon that it has launched a new feature around its "Chill Lounge". Chill is backed by Kleiner Perkins Caufield & Byers, Redpoint Ventures, Atlas Venture, Paul Kedrosky, and Michael Arrington. READ MORE>>.

Universal In Licensing Deal With Hark

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Hark is based in Seattle but also is active in Los Angeles in business development; ElNaggar might be familiar to Los Angeles entrepreneurs for his short stint sourcing venture deals for Redpoint Ventures in Los Angeles. Hark negotiated the deal with Universal Partnerships & Licensing.

BetterWorks Adds Discovery, Advanced Ordering

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BetterWorks has been growing its staff since an $8M funding round announced at the beginning of August; the firm's funding was led by Redpoint Ventures. Paige Craig is among the most active Los Angeles angel investors, and turned his attention to Betterworks in December of last year. READ MORE>>.