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Rustic Canyon Sells Positions In Portfolio

socalTECH

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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Aspiration Gets $47M For Online Banking Efforts

socalTECH

Los Angeles-based Aspiration , and online banking startup which calls itself "the financial firm with a conscience", said on Tuesday that it has raised $47M in a Series B funding round. Aspiration lets users pay what they want in terms of fees they pay to the company. READ MORE>>.

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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. It brings together events and content for Los Angeles.

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Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. It brings together events and content for Los Angeles.

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. invested; Los Angeles had $169.7M, and Orange County $63.1M

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Gaikai Gets $10M More

socalTECH

Los Angeles-based Gaikai , which is developing technology which allows computer gamers to play computer games online through their web browser, said today that it has raised more than $10M in a Series B funding round. Benchmark's Mitch Lasky sits on the board, as does Rustic Canyon's Nate Redmond.

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SoCal Gets $739M In Venture Capital In Q2

socalTECH

Southern California companies raised $739M in venture capital in Q2 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters. Los Angeles had $222.5M raised for the quarter. in funding, and San Diego $198.18M in investments.