Trending Sources

Anthem Caps Coverage Of Biogen Spine Drug Despite Wide FDA Approval

Xconomy

Indianapolis-based Anthem (NYSE: ANTM ) has disclosed its coverage policy for nusinersen, the SMA drug from Biogen (NASDAQ: BIIB ) and Ionis Pharmaceuticals (NASDAQ: IONS ). Anthem said the drug is only “medically necessary” for patients with Type 1 SMA.

Anthem, DFJ Frontier Back Janrain

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Two Los Angeles area venture capital firms have re-upped their investments in a provider of identity management software. Anthem Ventures , represented by Samit Varma , and DFJ Frontier, represented by David Cremin , are two of the investors in Portland-based JanRain , whose software is used to allow websites to use existing online accounts such as Facebook, Google, Twitter, and Yahoo to sign up for other web services or even corporate applications.

Anthem Ventures Gets Second Exit In A Week

socalTECH

Santa Monica-based Anthem Venture Partners has scored two exits in the last week, as Los Angeles-based Demand Media hit a homerun with its IPO Wednesday, and San Diego-based Plixi was acquired by Lockerz Thursday. Brian Mesic, a partner at Anthem, said Thursday afternoon that Plixi is the latest in a "string of good exits" over the past 12 months, which also included Siperian (acquired by Informatica), Wavestream (acquired by Gilat), and Demand Media (IPO).

Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. Is outside capital really required?

3 Things You (Probably) Don’t Know about Indiana Innovation

Xconomy

Indiana is home to the global headquarters for Anthem, Cook Medical, Dow AgroSciences, and Eli Lilly and Company, as well as the North American headquarters for Roche Diagnostics. Warsaw, IN, is the “Orthopedic Capital of the World.”. People who live outside of Indiana probably know a few things about it: The Indianapolis 500, a.k.a.

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DFJ Frontier, Anthem Venture Into Portland Firm

socalTECH

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. Anthem Ventures and RPM Ventures also participated, with Cremin, Anthem's Samit Varma, and RPM's Tony Grover all joining the company's board along with the funding. Tags: software janrain portland capital venture ventures anthem frontier

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Anthem Ventures North, Funds Avatar Firm

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Santa Monica-based venture capital firm Anthem Ventures is the lead investor in an avatar-focused, social networking site called Meez. Meez, which is based in San Francisco, said today that it has raised a financing round from Anthem. Anthem's Brian Mesic has been added to the firm's board as part of the funding. Tags: ventures avatar social anthem venture capital networking

Anthem Ventures Backs Madefire For Comic Publishing Apps

socalTECH

Santa Monica-based Anthem Ventures is one of the investors in MadeFire , a developer of storytelling applications, MadeFire announced Wendesday. The funding round was led by True Ventures, and also included Anthem Venture Partners, Crosslink Ventures, and Correlation Ventures. Anthem''s Bill Woodward, Sina Tammadon (Apple), Richard Seet, and Gary Stiffelman also participated as individual angels. mobile software publishing book comic capital venture madefire

Embarke Raises $1.25M For Email MarketingTools

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The company''s backers include Anthem Ventures, La Costa Investment Group, Right Side Capital Group, Promus Ventures, Social Leverage, plus angels, including Howard Lindzon, Eric Otterson, and others. embarke venture capital funding seed email marketing optimization 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.

Email 55

StackIQ Raises $6M

socalTECH

The new funding came from Grayhawk Capital, Keshif Ventures, DLA Piper, and OurCrowd, as well as Anthem Venture Partners and Avalon Ventures. stackiq venture capital automatoin software enterprise hadoop San Diego-based StackIQ , which develops IT automation tools for the enterprise, has raised $6M in a Series B funding round, according to the company.

What Startups Can Learn From The Pizza Business: Samit Varma

socalTECH

Varma is actually a former technology investor at Santa Monica-based venture capital firm Anthem Ventures, and we thought it would be great contrasting his experience starting and running a restaurant franchise with the technology startup world.

CARD.com Raises $3M For Prepaid Debit Cards

socalTECH

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). iphone android mobile payment capital venture finance debit prepaid card cardcom 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.

TrueCar Files For IPO

socalTECH

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. The IPO is being underwritten by Goldman, Sachs & Co. and J.P. Morgan.

Email Copilot Acquired By Return Path

socalTECH

Email Copilot was formerly known as Embarke, and had been venture backed by Anthem Ventures, La Costa Investment Group, Promus Ventures, Right Side Capital Group, Social Leverage, along with angels Howard Lindzon, Eric Otterson, and Steve Macbeth. San Diego-based Email Copilot , which develops visualization, monitoring, reporting, and analysis of email deliverability data, has been acquired by Return Path , a New York-based developer of email data software.

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SolarFlare Raises $5.0M

socalTECH

The firm has previously raised funding from Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, Intel Capital, and Miramar Venture Partners. solarflare venture capital funding gigabit ethernet 10gbe debtIrvine-based SolarFlare , the developer of 10 Gigabit Ethernet (10GbE) semiconductors and adapters, has raised $5.0M in a combination of debt and warrants, according to a regulatory filing by the firm Wednesday.

Surf Air Expands To Santa Barbara

socalTECH

Venture backed Surf Air has received funding from Velos Partners, Base Ventures, Anthem Venture Partners, NEA, Structure Capital, actor Jared Leto, TriplePoint Capital, Siemer Ventures, Baroda Ventures, Gilad and Eytan Elbaz, Rick Caruso, Jeffrey Stibel and Jonathan Schreiber.

Cocodot Gets $4.25M More

socalTECH

The firm has previously received funding from Anthem Ventures, Mailroom Fund, and Rincon Venture Partners. Representatives from both Anthem and Rincon continue to serve on the firm's board of directors. cocodot venture capital myspace online invitations evite electronic printed wedding baby showerLos Angeles-based Cocodot , the online invitations service run by former MySpace exec Shawn Gold, has raised $4.25M out of an ongoing $6.0M

Los Angeles Startup Community

SoCal CTO

Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts.

Big Frame Lands $3M

socalTECH

The round came from Anthem Venture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm and Social Starts, and angels Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling and Dan Murray. bigframe frame youtube hollywood entertainment content talent venture capital

Solarflare In Talks With Marvell, Say Sources

socalTECH

Solarflare, which is headed by Russell Stern, is venture backed by Acacia Venture Partners, Accel Partners, Amadeus Capital Partners, Anthem Ventures, Foundation Capital, IDG Ventures, Intel Capital, Miramar Venture Partners, Oak Investment Partners, Sequoia Capital and Windward Ventures.

Scopely Raises $8.5M

socalTECH

in a new, seed financing round, from Anthem Venture Partners, The Chernin Group, Greycroft Venture Partners and New Enterprise Associates (NEA), as well as angels. scopely venture capital social videogame video game content elbaz buddiesIt looks like all that bacon paid off. Los Angeles-based Scopely , the startup co-founded by Eytan Elbaz , Eytan Elbaz , Walter Driver and Ankur Bulsara, which is developing social and mobile games, said this morning that it has raised $8.5M

Surf Air Takes Flight, Starts All-You-Can-Fly Shuttles To Silicon Valley

socalTECH

For venture capital investors and entrepreneurs, used to making the commute between Silicon Beach and Silicon Valley, the distance--and time--between the two technology centers has just dropped, thanks to the launch of Surf Air , an all-you-can-fly membership airline.

FileTrek Raises $10M

socalTECH

The round was led by Anthem Venture Partners, Telesystem, and the Ontario Emerging Technologies Funds. FileTrek's board includes William Woodward, Managing Director at Anthem Venture partners. filetrek venture capital enterprise cloud software file management dataLos Angeles-based FileTrek , a developer of cloud-based, enterprise, file sharing and tracking software, said today that it has raised $10M in a Series B funding round.

This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. 2.6mm in Series A : Canaan , Anthem.

Los Angeles Venture Investors Get Their Mojo Back

socalTECH

The IPO of education company 2U also greatly benefited Los Angeles, with the company''s extensive operations in LA, plus backing from former Redpoint Ventures'' (now Archer Capital) investor Greg Martin. investment investor capital venture angeles

BeachMint Gets $23.5M

socalTECH

Prior investors New Enterprise Associates, Trinity Ventures, and Anthem Ventures also participated in the new financing round. Lightbank is the venture capital firm of Groupon founders Eric Lefkofsky and Brad Keywell. myspace ecommerce group fashion style capital venture beachmintSanta MOnica-based BeachMint , the celebrity e-commerce site started by former MySpace founder Josh Berman and Diego Berdakin, said Friday afternoon that it has raised $23.5M in a new funding round.

Los Angeles Startup Community

SoCal CTO

Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts.

Solarflare Raises $22.2M More

socalTECH

Details on that funding have not been announced by the company, whose investors include Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, and Miramar Venture Partners. solarflare venture capital high speed gigabit ethernet semiconductorIrvine-based Gigabit Ethernet semiconductor developer Solarflare Communications has raised $22.2M more in a funding round, according to a regulatory filing by the firm on Tuesday.

SurfAir's Subscription Airline Flights Now Targeted By End of 2012

socalTECH

The startup airline--headed by Wade Eyerly and backed by such venture firms as Anthem Venture Partners, NEA, TriplePoint Capital, Siemer Ventures, Baroda Ventures, and a number of high profile angels--is currently working through the process of FAA certification.

VideoAmp Gets $15M For TV And Video Tools

socalTECH

The funding was led by European investor RTL Group, and also included Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners, ZenShin Capital, and Startup Capital Ventures. marketing advertising content capital venture attribution screen tools video videoamp

VideoAmp Raises $15M For TV And Video Tools

socalTECH

The funding was led by European investor RTL Group, and also included Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners, ZenShin Capital, and Startup Capital Ventures. videoamp video tools screen attribution venture capital content advertising marketing

Why Technology is Driving More Urban Renewal

Both Sides of the Table

Spark Capital, Flybridge, Founder Collective, NextView Ventures … all in Boston or Cambridge not west of the city. In San Fran you find more recently established VCs like True Ventures, First Round Capital, Freestyle, Kii Capital and others. In NY you find the broader Flatiron / Union Square are home to USV (obviously), IA Ventures, First Round Capital, FF Ventures and the incubators General Assembly and TechStars.

Surf Air Gets Funding Round

socalTECH

Santa Monica-based Surf Air , the new startup out of the MuckerLab accelerator which is headed by Wade Eyerly, has announced its funding round, saying today that it has scored a key round of funding from Anthem Venture Partners, NEA, actor Jared Leto, Mike Walsh, TriplePoint Capital, Siemer Ventures, Baroda Ventures, Gilad and Eytan Elbaz, Rick Caruso, and Jeffrey Stibel. surf commuter travel airplane startup muckerlab airline funding capital venture surfair

Panna Gets Funding From LA Investors For iPad Cooking Magazine

socalTECH

Panna, which is based in New York, said it raised $1.35M in funding from Anthem Ventures, Launchpad LA, Lerer Ventures, Crosslink Ventures, Maveron, Advancit Capital, RSL Venture Partners,David Tisch''s BoxGroup, Rick J. Anthem and Launchpad LA are in Los Angeles.

VideoAmp Raises $2.2M For Video Advertising Platform

socalTECH

in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital. videoamp video advertising venture capital ross mccray Santa Monica-based VideoAmp , which operates a programmatic video advertising platform, said this morning that it has raised $2.2M

Wavestream Raises $7M

socalTECH

Names of new investors in the firm were not disclosed, however, the firm has previously raised funding from companies such as Anthem Ventures, Digital Power Capital, Oak Investment Partners, Titan Corp., The filing listed Anthem Ventures' William Woodward as a current member of the firm's board. Tags: filing capital venture wavestream San Dimas-based Wavestream , a developer of solid state, RF (radio frequency) amplifiers, has raised $7.0M of an $8.0M

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

Jason Nazar

of a product up and running in a few months weeks getting thousands of users for next to no capital, in Los Angeles many folks will take over a year and spend a million dollars just to get a beta product ready. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.

Viewdle Gets $10M

socalTECH

Viewdle , the developer of cross platform, facial recognition technology backed by Santa Monica-based Anthem Ventures, has scored another round of funding, worth $10M, according to Viewdle. The new round comes from Best Buy, BlackBerry Partners Fund, and Qualcomm, in addition to Anthem Ventures, which was the original investor in the company. Anthem's Brian Mesic and Samit Varma oversee the firm's investment in Viewdle.

Cocodot Gets $2.0M

socalTECH

The funding comes from Anthem Ventures, the Mailroom Fund, and Rincon Venture Partners. Tags: cocodot ecommerce stationery shawn gold venture capital Hollywood-based Cocodot , an online site which provides online invitations and stationery, has raised $2.0M more in funding, according to reports. Cocodot is the latest startup of Shawn Gold, formerly SVP, Marketing & Content of MySpace.com.

Solarflare Raises $5.0M In Debt

socalTECH

Solarflare is venture backed by Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, Intel Capital, and Miramar Venture Partners. solarflare venture capital debt semiconductor gigabit ethernetIrvine-based Solarflare Communications , a developer of 10 Gigabit Ethernet adapters and silicon, has raised $5.0M in a debt funding round, according to a regulatory filing by the firm. No details on the source of the debt funding were disclosed.