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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). 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. So we think we're the right size for the market in 2009.

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Burstly Adds SoftBank, Founder Collective

socalTECH

Los Angeles-based Burstly , the mobile ad management firm run by Evan Rifkin, said this week that it has added SoftBank Capital and Founder Collective to its Series A funding round. investment from Rincon Venture Partners and GRP Partners. Rifkin was the founder of TagWorld/Flux, which he sold to MTVN in 2008.

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Burstly Snags $1.8M For Mobile Ad Tools

socalTECH

Los Angeles-based Burstly announced Tuesday afternoon that the firm has raised $1.8M The funding round came from GRP Partners and Rincon Ventures. Mark Suster at GRP lead the firm's investment, with Jim Andelman heading up Rincon's involvement. in a venture funding. READ MORE>>.

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Burstly Opens Up Mobile Ad Service

socalTECH

Los Angeles-based Burstly , the mobile advertising tools firm run by Evan Rifkin, said this week that it has opened up a new way for mobile application developers to sell their own advertising space. Burstly is venture backed by Founder Collective, GRP Partners, Rincon Venture Partners, and SoftBank Capital.

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SoCal Gets $739M In Venture Capital In Q2

socalTECH

Los Angeles had $222.5M The report said that the investment level was the highest total in a single quarter since Q2 of 2008. active firms (all with three deals each) being Rustic Canyon Partners , DFJ Frontier , the Tech Coast Angels , Amgen , GRP Partners , and Mission Ventures. raised for the quarter.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). Let’s start with the fund. This month we closed our 4th fund of $200 million.

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Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

socalTECH

However, one, longtime local fund-- GRP Partners --appears to have found the right formula for venture success, and has just raised a brand new, $200 million fund. It''s good news for us, but it''s also good news for Los Angeles technology. As you probably know, two thirds of our investments go into Los Angeles.

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