DFJ Frontier, Anthem Venture Into Portland Firm

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Two Los Angeles-based venture firms, DFJ Frontier and Anthem Venture Partners , have invested in a Portland software firm developing online identification and single-sign in software. Anthem Ventures and RPM Ventures also participated, with Cremin, Anthem's Samit Varma, and RPM's Tony Grover all joining the company's board along with the funding. Tags: software janrain portland capital venture ventures anthem frontier

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then.

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Wavestream Raises $7M

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Names of new investors in the firm were not disclosed, however, the firm has previously raised funding from companies such as Anthem Ventures, Digital Power Capital, Oak Investment Partners, Titan Corp., The filing listed Anthem Ventures' William Woodward as a current member of the firm's board. San Dimas-based Wavestream , a developer of solid state, RF (radio frequency) amplifiers, has raised $7.0M of an $8.0M funding round, according to a regulatory filing.

Zag Links With USAA, Mercedes-Benz On Promotion

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The new promotion is the first that the company has announced with an auto manufacturer. Zag is backed by USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners.

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TrueCar Taps Edmunds.com For VP

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The company said Cleckler will work on aiding in development of car pricing tools on the site. TrueCar is a car pricing site which was spun out of automotive software firm Zag; the firm is venture backed by Anthem Venture Partners, Global Retail Partners, and Capricorn. Santa Monica-based TrueCar announced today that it has snagged an executive from Edmunds.com for its new Vice President of Product Management.

Buzznet Raises $12.5M More

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According to the company, the funding round was led by Focus Ventures, and also included Anthem Ventures, New Enterprise Associates, Redpoint Ventures, and Sutter Hill Ventures. Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M and will rename itself Buzz Media.

Interview with Kelly Tompkins, AdventureLink

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The round came from Anthem Venture Partners and the Mail Room Fund. What's the new company all about? Kelly Tompkins: I have done six online travel companies. Last week, Altadena-based AdventureLink (www.adventurelink.com) announced that it raised a Series A funding round, for the firm's adventure travel reservation network. We caught up with Kelly Tompkins, the firm's founder and CEO, to hear more about the firm. Thanks for the interview.

Zag Raises $11.1M More

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Source and details on the funding have not yet been announced by the company. The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners.

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This Week in VC with Farb Nivi, Founder of Grockit

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Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Company still in beta.

This Week in VC with Om Malik & Paul Jozefak

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Self-reported 60mm daily unique as of Dec 2009, games played by 250mm people a month (AppData). Current round: $5.0mm in Series A by NEA and Anthem Venture Partners. Maintains a “Trusted Directory” of TRUSTe certified companies.

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