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Rustic Canyon, Steamboat Get Exit At MerchantCircle

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Two Southern California venture capital firms have benefited from an acquisition yesterday of Mountain View-based MerchantCircle , an online local business advertising and networking site, by fellow online advertising firm Reply!

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Report: Trion World, Backed By Rustic Canyon, Planning IPO

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One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego.

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Rustic Canyon Sells Positions In Portfolio

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San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company.

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Gaikai Acquired By Sony For $380M

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According to Sony, the deal, which was signed June 30th, help SCE establish a cloud service and expand its network business. The firm's backers included Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, Rustic Canyon Partners, and TriplePoint Capital.

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Report: Gaikai On The Block, May Bring More Than $500M

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Backers of Gaikai include Benchmark Capital, Intel Capital, Limelight Networks, New Enterprise Associates, Qualcomm Ventures, Rustic Canyon Partners, and TriplePoint Capital. If the sale does happen, it would be a very good return for the firm's backers, who have invested $45.0M in the company. READ MORE>>.

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Thanks to socalTECH's Sponsors!

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Rustic Canyon Partners (www.rusticcanyon.com). Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. Pixelgate.net (www.pixelgate.net) - Internet Access, Web Hosting, Network. GetItStarted (www.getitstarted.com). Startups Made Simple.

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Thanks to socalTECH's Sponsors!

socalTECH

Rustic Canyon Partners (www.rusticcanyon.com). Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. Pixelgate.net (www.pixelgate.net) - Internet Access, Web Hosting, Network. GetItStarted (www.getitstarted.com). Startups Made Simple.

SoCalTech 100