Mission Ventures' Lee Departs For Stealth Startup

socalTECH

Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area. Lee was involved in Mission's investments in SodaHead, Access 360 Media, and Active Storage, among other companies.

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. LA Tech Survival Guide A Tale of Two Tech Cities – Silicon Valley vs. Los Angeles Guide to the LA Startup Community Why You Should Start a Company in. It brings together events and content for Los Angeles.

Trending Sources

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. LA Tech Survival Guide A Tale of Two Tech Cities – Silicon Valley vs. Los Angeles Guide to the LA Startup Community Why You Should Start a Company in. It brings together events and content for Los Angeles.

Swagbucks Buys Sodahead

socalTECH

Los Angeles-based prodege , the parent company of Swagbucks , said this morning that it has acquired Sodahead , the online polling and discussion platform founded by Jason Feffer. Prodege is venture backed by Technology Crossover Ventures. Sodahead was venture backed by Mission Ventures, Mohr Davidow Ventures, and the Tech Coast Angels.

FastPoint Games Shuts Down

socalTECH

Los Angeles-bsaed Fastpoint Games , the online fantasy game development shop headed by Kelly Perdew, has shut down, according to a notice on the firm's site. Fastpoint had been venture backed by Mission Ventures and DFJ Dragon Fund, Allen & Co. According to the site, the firm is "winding down" all of its Fastpoint Games branded fantasy sports games over the next 45 days. and SCP Worldwide, and last raised funding in 2009, raising a total of $10M in funding.

Image Metrics Buys Big Stage

socalTECH

Big Stage, which was once known as Clone, was venture backed by Mission Ventures, Selby Ventures and the Tech Coast Angels. Santa Monica-based Image Metrics , a developer of facial animation technology, announced Thursday morning that it has acquired Big Stage , the developer of avatar creation software. Financial terms of the deal were not disclosed.

Fastpoint Games Acquired By Weplay

socalTECH

Santa Monica-based Fastpoint Games , the developer of virtual fantasy sports games which was headed by Kelly Perdew, has been sold to Los Angeles-based WePlay , Weplay announced Monday. Fastpoint Games was venture backed by Allen & Co., Mission Ventures, DFJ Dragon and Sports Capital Partners Worldwide, but had begun shopping around its assets in October.

Coach 26

Los Angeles Tech Launched - Hot List

SoCal CTO

I'm happy to announce the launch of the Los Angeles Tech Content Community. The goal is to create a place where it's relatively easy to find current content and highly relevant content surrounding Los Angeles Technology. To be clear Los Angeles Tech is a jump off point. The bottom line is that Los Angeles Tech is trying to help find and navigate that content.

Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

The four partners backing the $9 million project include Wolf Bielas, a San Diego angel investor, serial technology entrepreneur, and alumni of Mexico’s Monterey Institute of Technology, and Michel Cohen, a San Diego investor with extensive financial ties in Mexico City.

SoCal Venture Capital Investments Total $497.8M In Q4

socalTECH

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in investments for the Los Angeles area. Nationally, venture capital investors invested $21.8 national nvca pricewaterhousecoopers moneytree quarterly capital venture

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. That’s typically not the case in Los Angeles.

After Long Road, Greenplum (Metapa) Acquired By EMC

socalTECH

The acquisition is the end of a long road for Greenplum--originally based in Sherman Oaks--and its investors, which includes San Diego's Mission Ventures. The firm, which first appeared in Los Angeles in 2001 as Metapa, was backed by such firms as Dawntreader, EDF Ventures, Hudson Ventures, Meritech Capital Partners, Mission Ventures, SAP Ventures, Sierra Ventures, and Sun Microsystems.

LeisureLink Raises $3.5M

socalTECH

LeisureLink has previously raised funding from Clearstone Venture Partners, Group RCI, Kodiak Ventures LP, Mission Ventures, Pasadena Angels and the Tech Coast Angels. Tags: leisurelink vacation rental travel venture capital

Insights and Opinions: What's going on in venture capital in San Diego?

socalTECH

For our insights and opinions section today, we're featuring a recent podcast by Frank Peters, of the Frank Peters Show , and an angel investor. What's going on in venture capital in San Diego? And how will the changing venture economy affect angel investors? Mission Ventures' Dave Ryan talks with Frank Peters, and offers advice for angel investors.

Rotohog Becomes FastPoint Games

socalTECH

Los Angeles-based Rotohog , the online games developer headed by Kelly Perdew, has renamed itself FastPoint Games , according to the firm. The firm counts Us Magazine, Bloomberg Sports, Sports Illustrated, NASCAR, The Los Angeles Times, hi5, LG, and the NBA, as customers.Fastpoint Games is venture backed by Allen & Co, Mission Ventures, DFJ Dragon and Sports Capital Partners Worldwide.

Access 360 Media Raises $12M More

socalTECH

Access 360 Media , a New York-based digital advertising firm with operations in Los Angeles, said Wednesday that it has raised $12M more in a Series C funding round. The round was led by Columbia Capital, and also included prior investor Mission Ventures. screens kiosk home advertising digital capital venture media access access360media

RotoHog Confirms Fundraising

socalTECH

Los Angeles-based RotoHog , developer of online fantasy sports games headed by Kelly Perdew, has confirmed that the firm's recently $2M funding came from Mission Ventures. In an open letter to customers earlier this week, Perdew said the funding from Mission will help the company grow as a brand. RotoHog currently has deals to provide white-labeled fantasy football games to Sporting News, NBA.com, Military.com, the Los Angeles Times, ProFootballWeekly, and others.

SodaHead.com Trumpets User Wins

socalTECH

Los Angeles-based online social question and answer site Sodahead.com said today that the firm has reached more than 1 million registered users at the site. SodaHead is venture backed by Mohr, Davidow Ventures, Mission Ventures, the Tech Coast Angels, and angel investor Ron Conway, and has raised $12.7M in venture funding since its launch in September of 2007.

Big Stage Entertainment Raises $2.7M

socalTECH

Los Angeles-based Big Stage Entertainment is announcing this morning that it has raised an additional $2.7M According to the company, the funding came from Mission Ventures, Selby Ventures, and the Tech Coast Angels. Tags: capital venture entertainment stage in a Series B funding for the firm. The company said the new funding will go to accelerate research and development, along with sales and marketing.

SodaHead Launching Major Redesign

socalTECH

Feffer was previously an executive at MySpace, and SodaHead is backed by MDV Mohr, Davidow Ventures, Mission Ventures, and the Tech Coast Angels.

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. Silicon Valley had the lion's share of the venture funding dollars in Q3, with $1.75 For the quarter, San Diego County garnered the most venture capital, with $231.3M

Rotohog Gets $2M More

socalTECH

Los Angeles-based Rotohog , a developer of online fantasy sports games, has raised $2.0M RotoHog has previously raised funding from Allen & Company, DFJ DragonFund, Mission Ventures, and SCP Worldwide. Tags: rotohog venture capital online fantasy sports software in a new round of funding, according to a regulatory filing from the firm today. According to the filing, the round target is $2.62M. No details on the funding have been released by the firm.

LeisureLink Signs Destination Rewards

socalTECH

The company is venture backed by Clearstone Venture Partners, Mission Ventures, the Pasadena Angels, the Tech Coast Angels, and others. Pasadena-based LeisureLink has signed on a loyalty and incentive company, Destination Rewards, as part of its travel services, the firm said earlier this week.

Rotohog Raises $2M

socalTECH

Los Angeles-based Rotohog , which develops fantasy sports games for sports leagues and others, has raised $2M in an inside round led by Mission Ventures and DFJ DragonFund. Tags: sports rotohog venture capital fantasy Rotohog's CEO, Kelly Perdew, told socalTECH that the idea behind the round is that it will take the firm to profitability. Rotohog powers fantasy sports for the NBA, the AVP Pro Beach Volleyball Tour, and others.

Big Stage Hires VP

socalTECH

Big Stage Entertainment is venture backed by Mission Ventures, Selby Ventures, and the Tech Coast Angels and based on technology spun out of the University of Southern California. Pasadena-based Big Stage Entertainment , which is developing technology for creating 3D avatars, said Tuesday that the firm has hired on Patrick Barry as the firm's Vice President of Content Alliances.

Webtide Acquired By Intalio

socalTECH

Los Angeles-based Webtide , which develops the popular Jetty Application Server for the Java programming language, has been acquired by Intalio. Webtide was self-funded, and was headed by Adam Lieber, who has previously been at Gluecode and Mission Ventures.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.

RotoHog Unveils Four New Games

socalTECH

Los Angeles-based RotoHog , the developer of online fantasy sports and entertainment games, said last night that it has launched four new partner games. According to Rotohog, the games include a celebrity fantasy game with Us Weekly, a military-focused fantasy football game for Military.com, a casual fantasy football game for the Los Angeles Times, and a Premier League fantasy soccer offering with hi5.com.

And Then There Were Three: RealD Hits Markets Today

socalTECH

With the IPO of Los Angeles-based RealD , which starts trading this morning on the NYSE as RLD, Southern California now has three successful IPOs on record. Still on tap for an IPO are Pasadena-based Green Dot , Pasadena-based Genmark Diagnostics , Westlake Village-based Inphi , San Diego-based Fallbrook Technologies , Los Angeles-based GameFly , San Diego-based Trius Therapeutics , City of Industry-based NewEgg , and Thousand Oaks-based Nexsan.

Rotohog Wins Baseball, World Cup Deals

socalTECH

Los Angeles-based RotoHog , the online fantasy sports software firm headed by Kelly Perdew, has scored a number of recent deals, the firm told its supporters recently in an email. Rotohog is backed by Mission Ventures and DFJ DragonFund. According to Rotohog CEO Perdew, the firm recently launched a deal to develop a new Facebook game for BloombergSports, a Facebook application for Sports Illustrated based on the World Cup, and another World Cup application with hi5.

RotoHog Launches Game With US Weekly

socalTECH

Los Angeles-based RotoHog , the online fantasy game developer run by Kelly Perdew , said this week that it is in a strategic partnership with US Weekly. RotoHog is powering fantasy sports and other games for such partners as Disney/ABC, BA.com, NASCAR.com, LG Electronics, and others; the firm is venture backed by Allen & Co, Mission Ventures, DFJ Dragon and Sports Capital Partners Worldwide.

Big Stage Targets Content Creators

socalTECH

Los Angeles-based Big Stage Entertainment , which develops avatar creation technology for turning photos into animated, 3-D likenesses, said Wednesday that the firm has launched a new effort targeted training content creators on the firm's products. Big Stage is venture backed by Mission Ventures, Selby Ventures and the Tech Coast Angels.

SodaHead Partners With Technorati

socalTECH

Los Angeles-based Sodahead , the online question and answer site backed by Mission Ventures, Mohr Davidow Ventures, and the Tech Coast Angels, said Monday that it has tied together in a strategic partnership with Technorati. According to the firm, the deal will allow its members to access Technorati content, embedded within its online community, plus feature SodaHead's polls on Technorati posts. Financial details of the partnership were ot disclosed.