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DFJ Frontier, Anthem Venture Into Portland Firm

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Two Los Angeles-based venture firms, DFJ Frontier and Anthem Venture Partners , have invested in a Portland software firm developing online identification and single-sign in software. Tags: software janrain portland capital venture ventures anthem frontier.

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Surf Air Acquires Rise, Backed By New Funding

socalTECH

Los Angeles-based membership-based airline Surf Air said Wednesday morning that it has acquired RISE , a Texas-based membership airline. Financial terms of the acquisition were not announced by the companies. Surf Air said the expansion would unlock new growth opportunities in California, Texas, and beyond. READ MORE>>.

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Los Angeles Venture Investors Get Their Mojo Back

socalTECH

For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment. READ MORE>>.

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Ankona Capital Joins New Pack Of LA Venture Investors

socalTECH

A new, venture capital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at Anthem Venture Partners--apparently are aiming at early growth capital investment in software companies.

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CARD.com Raises $3M For Prepaid Debit Cards

socalTECH

Los Angeles continues to be a hotbed for new, finance-related startups this morning, as Santa Monica-based CARD.com announced it has raised $3M in a Series A funding. The Series A funding was led by QED Investors, and also included Resolute Ventures, Anthem Ventures, and angels such as Adam Press and Greg Steiner (BeachMint, eHarmony).

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ThisNext Gets New Funding

socalTECH

Los Angeles-based social shopping site ThisNext announced this morning that it has raised a new round of funding, and inked a partnership with online advertising firm Federated Media. Amount of the funding was not disclosed. Clearstone Venture Partners and Anthem Venture Partners also participated. READ MORE>>.

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Embarke Raises $1.25M For Email MarketingTools

socalTECH

San Diego-based Embarke has raised $1.25M in a funding round, which the company''s founder said came from a number of venture capitalists and angel investors. The company is led by Al Bsharah. embarke venture capital funding seed email marketing optimization' READ MORE>>.

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