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Redpoint's Fouad ElNaggar Departs Firm

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In another switchup for venture capital firm Redpoint Ventures efforts in Southern California, Fouad ElNaggar , who had been covering Redpoint's investment efforts in Los Angeles, has departed the firm. ElNaggar said he "missed being an operator" despite describing his positoin at Redpoint as "a dream job."

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Three Southern California Firms Building Blog Empires

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News today that AOL has acquired technology news blog TechCrunch highlights the growing place of blog publishers in the online world. Here are three, Southern California blog networks which have quietly growing their network of properties: BUZZMEDIA. Did we miss your favorite, Southern California blog empire? Let us know!

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Scripted.com, Backed By LA Investors, Finds $9M More

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The new funding came from Crosslink Capital and Redpoint Ventures, and also included angels Gil Penchina, Auren Hoffman (LiveRamp) and Justin Moore (Axcient). The company now offers up a marketplace to find content--blog posts, white papers, tweets, Facebook posts, and more--from freelance writers. The company is now in San Francisco.

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Report: Buzznet Chops Staff

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Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others.

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Buzznet Targets Tweens, Teens With New Celebrity Site

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The site is being launched in a partnership with Buzznet and celebrity blog Just Jared. Buzznet is venture backed by Sutter Hill Ventures, Redpoint Ventures, Anthem Ventures, NEA and Universal Music Group.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Seed investor Charles Hudson of Precursor Ventures and Redpoint Ventures general partner Annie Kadavy will show up to give founders tips on how to raise VC. We’ll have a16z general partners Chris Dixon, Angela Strange and Andrew Chen for insight into the firm’s latest activity.

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Buzz Media Inks Deal with Magazine

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Buzz Media--which was formerly known as BuzzNet--is a venture backed operator of a network of pop culture, celebrity, and music-focused web content properties and blogs. Buzz Media is venture backed by Focus Ventures, Anthem Ventures, New Enterprise Associates, Redpoint Ventures, and Sutter Hill Ventures. READ MORE>>

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