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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. We really believe in the market.

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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. in a Series A round. Mertado is based in Redwood City.

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Tastemade, Jaunt Tap Ryan Seacrest, Conan O'Brien For Tour Through LA

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According to the two, A Perfect Day in Los Angeles is a virtual reality travel experience which takes viewers through a tour of LA's most iconic sites (Stan's Donuts, Universal Studios Hollywood, The Rock Pool at Malibu Creek State Park, etc.) The companies said the virtual reality experience was actually created in a partnership with LA24.org,

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Buzznet Targets Tweens, Teens With New Celebrity Site

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Hollywood-based Buzznet, a venture-backed operator of social media websites, said Thursday that it has launched a new site called Just Jared Jr. The site is being launched in a partnership with Buzznet and celebrity blog Just Jared. focused on tweens and teens. READ MORE>>

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Buzz Media Inks Deal with Magazine

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Los Angeles-based Buzz Media , the online network of celebrity-focused web sites, announced today that it has inked a deal with OK! Buzz Media--which was formerly known as BuzzNet--is a venture backed operator of a network of pop culture, celebrity, and music-focused web content properties and blogs. READ MORE>>

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SVnetwork Launches Brand Advertising Network

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Los Angeles-based SocialVibe , which was formerly a site focused on social media for brands and charities, has turned into SVnetwork , a new Internet advertising network. SVnetwork is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures. Tags: svnetwork social media brand advertising internet socialvibe.

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SocialVibe Raises $11.65M

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West Hollywood-based SocialVibe , an online site which combines social media with support for brands and charities, has raised $11.65M in a Series C funding round, according to a regulatory filing by the firm Monday. SocialVibe has previously raised funding from JAFCO American Ventures and Redpoint Ventures. READ MORE>>.