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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>>.

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Redpoint Closes $400M Fund

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Redpoint Ventures , said late Monday evening that the firm has closed on Redpoint IV,a $400M, early stage venture capital fund specifically aimed at the social and mobile Internet, cloud computing, and clean technology. Redpoint's efforts in Southern California are headed by Brad Jones. READ MORE>>.

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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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TasteMade Aims To Be The Next Food Network, But Online

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The startup said recently that it now has over 100 food channels, covering food, travel, cooking, and more across the Americas, Europe, and Asia, and has scored some funding to grow out its network. TasteMade is backed by Redpoint Ventures, and announced $5.3M tastemade food network video content hollywood culinary foodie youtube'

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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. READ MORE>>.

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Networks In Motion Acquired For $170M

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Aliso Viejo-based Networks In Motion , a developer of location-based, wireless navigation software, has been acquired for $170M. TeleCommunications Systems said it was advised by Raymond James & Associates in the deal, with Networks In Motion advised by Jeffries & Co. READ MORE>>.

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Tastemade Gets $25M For Foodie Videos

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The funding was led by Scripps Networks Interactive, and also included Liberty Media, Redpoint Ventures, Raine Ventures and Comcast Ventures. Scripps Networks Interactive owns such networks as HGTV, DIY Network, Food Network, Cooking Channel, and the Travel Channel. READ MORE>>.

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