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Interview with Jon Waterman, Founder and CEO of Ad.net

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All of the supply we are accessing and selling to advertisers and agencies we are working with have high levels of intent. That's people looking for a particular cell phone, we're accessing keyword intent to drive people to Samsung, who is an advertiser of ours. The company was founded in 2001, as Findology Interactive Media.

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ventureLab Takes On Startup Incubation

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ventureLab is currently targeting companies in the area of advertising technology, social/gaming media, content and community. The studio also said it will be expanding in the future to include digital health and app-driven commerce. The company did not say how much funding it intends to provide to startups. READ MORE>>.

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ValueClick, Specific Media Rise In Ad Network Rankings

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Two local online advertising businesses--Westlake Village-based ValueClick , and Irvine-based Specific Media --are showing growth in the latest comScore ranking of advertising networks. Tags: valueclick specific media online advertising. The two are just behind Google, which had 164.5M uniques for April.

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FastPay Tops $100M In Funding To Customers

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Los Angeles-based FastPay , which provides specialized line of credit to online publishers, e-commerce companies, videogame companies, and other digital media companies, reports this morning that it has placed over $100M in funding to over 100 customers since its launch in 2010.

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TVPage Adds Investor To $3M Funding Round

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TPage is led by CEO Allon Caidar, and says it is developing "omni-channel video commerce technology", to help digital media publishers monetize their video content. Silverman is the former president of Warner Bros. READ MORE>>.

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LA, and Southern California's Surge In Venture Capital Funds

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Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Directors: Jeff Stibel, Kobe Bryant Investment interests: Focus on the convergence of technology, media and data (TMD), as well as in industries such as sports and wellness. Section 32.

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SoCal's Big New Crop Of Venture Investors And Funds

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Managing Director: Derek Norton Investment interests: Connected consumer, Internet infrastructure, next generation e-commerce, digital media, gaming, augmented reality, artificial intelligence, consumer Internet, and some ad tech. Watertower Ventures. www.watertowerventures.com) Fund size: $5M. Fika Ventures. Fund size: $40M.