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Los Angeles Venture Investors Get Their Mojo Back

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For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. 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.

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Jaunt Acquired By Verizon

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Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. Financial terms of the acquisition were not announced. Jaunt was founded in 2013.

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2U Raises $120M In IPO

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2U , an online education company which has significant operations in Los Angeles, has had a successful IPO on the NASDAQ Global Market, debuting Friday morning as TWOU. Those investments were led by former Redpoint VC Greg Martin. Those investments were led by former Redpoint VC Greg Martin. Redpoint Ventures owned 23.2

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TrueX Media Acquired For $200M, Says Report

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Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. TrueX was previously known as SocialVibe, and is venture backed by Jafco, Norwest Venture Partners, Pinnacle Ventures, and Redpoint Ventures. 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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Tinder Buys Chill, The Maker Of Tappy

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Los Angeles-based dating app developer Tinder has acquired Chill , the maker of Tappy, a Snapchat-like instant messaging service which revolves around photo sharing. tappy chill tinder social sharing instant messaging merger acquisition' Financial terms of the buy were not disclosed. As part of the buy, Tappy will shut down.

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Clicker Acquired By CBS Interactive

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Los Angeles-based Clicker.com , the provider of a guide to online video, has been acquired by CBS Interactive , the firms said Friday. The acquisition is a quick one for Clicker, which only launched public access to its site in November of 2009. Financial terms of the deal were not disclosed. READ MORE>>.

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