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It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.

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PaeDae Ties Into appMobi

socalTECH

Los Angeles-based mobile advertising startup PaeDae announced this morning that it has tied into Intel''s appMobi effort, which will allow Intel developers to integrate with its advertising platform. appMobi develops cross platform application development software for HTML5 and Javascript, and was acquired by Intel last year.

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SweetLabs Snags $13M

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San Diego-based SweetLabs , the company headed by Darrius Thompson, and which runs both the OpenCandy advertising network and the desktop Pokki app platform, said today that it has raised $13M in a Series C funding round. According to the company, the new funding goes towards growing Pokki, the desktop app platform it launched in June.

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Nirvanix Adds Nasuni

socalTECH

Nirvanix is a provider of a cloud storage service targeted at enterprises and web application developers; Nasuni develops a virtual network attached storage (NAS) file server that runs on VMware. Nirvanix is backed by Intel Capital, Valhalla Partners, Mission Ventures, Windward Ventures, and the European Founders Fund.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC.

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Interview with Jed Simon, FastPay

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Last week, Los Angeles-based FastPay (www.fastpaypartners.com) announced a round of funding and its services for providing advanced payment to online publishers, application developers, and game developers. One is Victor Coleman, founder of Arden Realty, and the other is John Glaser, a successful hedge fund manager.

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Interview with Bryan Biniak, Connected Travel

socalTECH

We had an advanced application development and innovation team. We had a new tablet we had developed back in 2007, and we were asked to come up with concepts to drive cellular usage. We've done very well, and are funded 100 percent with revenues. How did you end up working in the whole area of automotive AI?