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What Mattered in 2012: Mark Suster, GRP Partners

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Today, we're featuring Mark Suster , a venture capitalist at GRP Partners , founder of LaunchpadLA , the startup accelerator, not to mention well read blogger and highly watched host of This Week In Venture Capital. The most significant news for GRP Partners in 2012 was the first close of our 4th venture fund.

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Building A Dream Team For Mobile Advertising, with Gradient X

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If there were such a thing as a "Dream Team" for mobile advertising, you would be hard pressed not to pick the founding team of Los Angeles-based Gradient X (www.gradientx.com), whose founders include Michael Lum (formerly of OpenX), Brian Baumgart (formerly at Adconion), and Julie Mattern (formerly of Rubicon Project). What is Gradient X?

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Ad.ly Responds To Twitter Ad Ban

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Los Angeles-based Twitter advertising firm Ad.ly , which appears to have been caught this morning by Twitter's declaration that it would no longer allow third party advertising in Twitter streams, has responded to the announcement. Sean Rad, the firm's founder, told socalTECH this afternoon that Ad.ly READ MORE>>.

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GumGum Grows Traffic, Targets Brand Advertisers

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Los Angeles-based GumGum , the image licensing startup headed by Ophir Tanz, is hailing its traffic and customer wins this week, saying that it now is reaching 65 million monthly uniques, and has been signing up a number of brand advertisers for campaigns. The firm is venture backed by GRP Partners, First Round Capital, and Crosscut Ventures.

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Gumgum Names Sales VP

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Santa Monica-based Gumgum , the celebrity image licensing and advertising startup headed by Ophir Tanz, has appointed a new VP of Sales, the firm told socalTECH today. Gumgum recently raised $7M in a funding from New Enterprise Associates, GRP Partners, and First Round Capital. READ MORE>>.

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MySpace, Ad.ly Link On In-Stream Advertising

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Los Angeles-based MySpace and startup Ad.ly , also based in LA, said today that they have linked in an in-stream advertising deal. helps celebrities, musicians, and other social influencers monetize their Twitter and other activity streams with advertising; the firm is backed by GRP Partners, Greycroft Partners, and LowerMyBills' Matt Coffin.

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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. So we're focused on technology, and financial services.