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Anthem, DFJ Frontier Back Janrain

socalTECH

Two Los Angeles area venture capital firms have re-upped their investments in a provider of identity management software. Other investors, aside form Anthem and DFJ Frontier, were RPM Ventures, Tim Draper, and Square 1 Bank. JanRain said it has raised $15.5M both Varma and Cremin sit on JanRain's board of directors.

Anthem 154
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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. JanRain's software allows for single sign onto web sites, including using OpenID and other standards.

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MySpace Startups: Startups From MySpace Vets

socalTECH

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. Venture backers : Anthem Ventures, the Mailroom Fund, Rincon Venture Partners.

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Interview with Dale Quayle, FileTrek

socalTECH

To address that, Los Angeles-based FileTrek (www.filetrek.com) announced a funding round for its cloud-based software for sharing enterprise and business files yesterday. Is this a mobile application, web service, or how does it work? We also have a web experience, and we host that on Amazon EC2.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Web-based client for user stream data including Twitter (original focus), FaceBook, MySpace, Google Buzz, FourSquare and many others. Founded in 2009 in Los Angeles by Michelle Crames. Estimated 15mm downloads to date. MetaMarkets.

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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. It’s a chicken and egg problem.

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Why Technology is Driving More Urban Renewal

Both Sides of the Table

I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. The costs of building a company have gone down dramatically, from $5 million to get to launch in the late 90’s to $500,000 (or even lower) today for web companies. GRP’s offices are near Beverly Hills.