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Los Angeles Venture Investors Get Their Mojo Back

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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.

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Ankona Capital Joins New Pack Of LA Venture Investors

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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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Surf Air Gets Funding Round

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The startup--which is developing a subscription-based, all-you-can-fly airline which connects Palo Alto and Los Angeles--did not announce the size of the round, which is rumored to be somewhere in the range of $14M.

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Viewdle Being Acquired By Google, Says Report

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Viewdle , a developer of computer vision technology which is venture backed by Anthem Ventures and Qualcomm, among others, is in the midst of an acquisition by Google , according to reports today. The original report came via Forbes, with followup from TechCrunch. TechCrunch said the acquisition is worth around $30M. READ MORE>>.

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MySpace Startups: Startups From MySpace Vets

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Los Angeles-based MySpace has been among the most visible of Southern California's Internet era success stories, although the site--now owned by News Corporation--has had its own share of ups-and-downs, as well as questions about its future. Here are four startups of them, and what they're doing: Demand Media.

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CARD.com Raises $3M For Prepaid Debit Cards

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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. According to CARD.com, it is offering up prepaid debit cards aimed at providing a mobile alternative to traditional banking. in funding.

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VideoAmp Raises $2.2M For Video Advertising Platform

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in a funding round, from Anthem Venture Partners, Simon Equity Partners, Third Wave Capital, Wavemaker Partners and ZenShin Capital. The company says it already has more than 20 engineers in its Los Angeles offices. READ MORE>>. videoamp video advertising venture capital ross mccray'