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Anthem Ventures North, Funds Avatar Firm

socalTECH

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.

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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. READ MORE>>.

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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. READ MORE>>.

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Southern California Venture Totals Drop in Q4

socalTECH

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 Media & Entertainment also saw an increase, up 3 percent to $2.0 billion was invested in 3,808 deals in the fourth quarter of 2008. billion in 818 deals, down from $7.3

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

Jason Nazar

Here it seems that entrepreneurs are coming out of business school, transitioning from corporate life, or hail from the entertainment industry. Whereas in Silicon Valley, you can have a V.1 Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles. That’s typically not the case in Los Angeles.

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