Trending Sources

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?

Bio Roundup: Trump News, Anthem’s Stand, Diversity by 2056 & More

Xconomy

It was a wild week in biotech and on Capitol Hill. A new study showed it may take another 40 years to achieve gender diversity in life sciences. Tensions continued to mount between drugmakers and payers over the rising costs of rare disease drugs. A flurry of deals took place, headlined by Johnson & Johnson’s $30 billion gamble on Swiss firm Actelion. And a group of biotechs led by Jounce Therapeutics were the first to test the IPO market in 2017.

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. 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.

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.

DFJ Frontier, Anthem Boost Janrain

socalTECH

Two local venture capital funds here in Southern California have backed Janrain , a developer of user management software tools used by websites to better manage registration and site visitors. According to Janrain, it has raised $33M in funding from Millennium Technology Value Partners, Split Rock Partners, Epic Ventures, and salesforce.com, as well as existing investors Emergence Capital, RPM Ventures, DFJ Frontier and Anthem Venture Partners.

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. Tags: ventures avatar social anthem venture capital networking

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

However, for today''s interview, we''ve decided to venture a bit farther afield--talking to Samit Varma , founder of Los Angeles-based pizza franchise Pizza Studio (www.pizzastudio.com). Samit Varma: We''ve raised three rounds of capital, and at this time last year we had three units open.

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.

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 $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.

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. Robert Schwartz, of Third Point Ventures in New York, is also now listed as a board member of the firm. cocodot venture capital myspace online invitations evite electronic printed wedding baby shower

Evite 18

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

This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

To see the video of This Week in VC click on this link. We spent the first 45 minutes or so talking about industry trends (in this order): The history and background of True Ventures, one of my favorite early-stage VC’s (and the one with whom Om is a venture partner).

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.

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.

Meet the VC

SoCal Tech Calendar

Thursday, June 25, 2009 -- Meet the VC: Anthem Venture Partners. Meet the VC brings entrepreneurs and VCs together. OCTANe. See [link] (more

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.

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.

BeachMint Gets $23.5M

socalTECH

The round was led by Scale Venture Partners and Lightbank. 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. As part of the funding, Sharon Wienbar of Scale Venture Partners joins the company's board, with Lightbank receiving an observer seat.

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

Los Angeles Venture Investors Get Their Mojo Back

socalTECH

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.

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.

Why Technology is Driving More Urban Renewal

Both Sides of the Table

I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers. One of the major trends I’ve outlined is this movement of entrepreneurs (and as a lagging indicator venture funds) to more urban environments. Spark Capital, Flybridge, Founder Collective, NextView Ventures … all in Boston or Cambridge not west of the city.

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.

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

Vator Makes A Splash In LA!

Tech Zulu Event

Ten companies selected by their peers and vetted by VC judges will get a chance to present onstage with a 3-minute presentation. Vator is bringing its popular Splash event to LA. The inaugural Splash LA event will be held on the evening of May 26, 2011, at The Highlands Hollywood. The Splash event, hosted by Vator, is a celebration of entrepreneurship.

This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

This was really a fun week at TWiVC because we decided to have an entrepreneur come and talk about raising capital rather than having a VC come on. Raised angel money from Rob Lord, Reid Hoffman, Benchmark Capital and others. He’s a one-man show who hasn’t raised VC.

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 $22M More

socalTECH

SolarFlare's current investors include Oak Investment Partners, Anthem Venture Partners, Acacia Capital Partners, and Miramar Venture Partners. solarflare venture capital high speed networking interface device 10gbe latency hardware equipmentSolarFlare , the developer of high speed networking devices, has raised a new, big $22.0M funding round, according to a regulatory filing from the firm. According to the filing, the firm has raised $22.0M

Surf Air Raises $73M, Orders 15 New Planes

socalTECH

The equity investors include Anthem Ventures, Velos Partners, Base Ventures as well as FF Ventures, Plus Capital, and others. surf venture capital airline startup membership expansion Santa Monica-based Surf Air , the membership-based airline which has been serving Silicon Beach, is in a major expansion, saying that it has ordered 15 new planes--with an option on another 50--and raised $73M in debt and equity.

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.

AdventureLink Gets $1.29M

socalTECH

Source of the new funding was not disclosed, however, it appears that prior investors Anthem Ventures and Allegis Capital participated in the new funding round. Tags: adventurelink venture capital marketplace travel adventure trips vacation

ThisNext Gets $1.2M More

socalTECH

in venture funding, according to a regulatory filing from the firm Thursday. No details on the funding have been announced by the firm, however, the filing indicates that Clearstone Ventures Suman Mandal and Anthem Ventures' Bill Woodward remain on the company's board. Tags: thisnext social shopping venture capital Santa Monica-based ThisNext , which operates an online social shopping site and community, has raised another $1.2M

AdventureLink Buys Competitor, Get Investment

socalTECH

According to AdventureLink, the all-stock deal also included a new investment from Allegis Capital. AdventureLink is also venture backed by Anthem Venture Partners and The Mail Room Fund.

Zag Raises $11.1M More

socalTECH

The firm has previously raised funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. Tags: automotive venture capital auto Santa Monica-based Zag , the online auto buying software firm headed by Scott Painter, has raised $11.1M

Zag 2

TweetPhoto Gets $2.6M

socalTECH

The round was led by Canaan Partners and also included Anthem Venture Partners and un-named angels. Tags: tweetphoto venture capital twitter social networking software photo photography tweet San Diego-based TweetPhoto , an online site which allows users to share photos through Twitter, Facebook, LinkedIn, FourSquare, and other social networking sites, said today that it has raised $2.6M in a Series A funding round.

ThisNext Buys Stylehive, Gains Funding

socalTECH

ThisNext said the Series C funding round came from Clearstone Venture Partners, Anthem Venture Partners, and Lightspeed Venture Partners. Tags: thisnext stylehive merger acquisition venture capital social shopping community Santa Monica-based ThisNext announced this morning that it has acquired fashion and beauty site Stylehive , and raised a Series C round of funding.

AdventureLink Gains Funding

socalTECH

The funding came from Anthem Venture Partners and The Mail Room Fund. Tags: travel adventurelink mailroom venture capital adventure fund