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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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2U Raises $120M In IPO

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The company--which runs online degree programs for the University of Southern California (USC) and many other schools--had been backed by Redpoint Ventures, which funded the company out of its Los Angeles office. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2 percent at 13.95

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Los Angeles Venture Investors Get Their Mojo Back

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The IPO of education company 2U also greatly benefited Los Angeles, with the company''s extensive operations in LA, plus backing from former Redpoint Ventures'' (now Archer Capital) investor Greg Martin. investment investor capital venture angeles' READ MORE>>.

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Gravity Acquired By AOL For $83M

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Gravity was venture backed by August Capital, Redpoint Ventures, and Upfront Ventures, and had raised around $20.6M gravity merger acquisition content personalization software exit' in total funding. Gravity''s founders are Amit Kapur, Jim Benedetto, and Steve Pearman, all of whom were previously at MySpace. READ MORE>>.

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Rustic Canyon Gets Quick Exit At Mertado

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Los Angeles-based venture capital firm Rustic Canyon Partners has scored a quick exit at Redwood City-based Mertado , after Mertado said Friday that it has been acquired by daily deals site Groupon. Financial terms of the acquisition were not disclosed, however, the acquisition comes only four months after Mertado raised $2.3M

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Sonos: $535M In Revenue In 2013

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Sonos is backed by BV Capital, Elevation Partner, Index Ventures, Kohlberg Kravis Roberts & Co., and Redpoint Ventures. sonos wireless music streaming revenues merger acquisition exit' Sonos develops wireless, whole-home speakers, which can stream music from either a local PC or from across the Internet. READ MORE>>.

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Clicker Acquired By CBS Interactive

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The acquisition is a quick one for Clicker, which only launched public access to its site in November of 2009. Clicker was venture backed by Benchmark Capital, JAFCO, Redpoint Ventures, and Blake Krikorian, and had raised around $21M in funding. READ MORE>>.