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Citysearch Invests In OrangeSoda, Launches Online Local Advertising Service

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West Hollywood-based Citysearch , the online local business guide owned by IAC, announced today that it has launched a new online advertising service for local businesses called CityGrid Complete. According to Citysearch, it made an investment in OrangeSoda to build the new service. READ MORE>>.

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Citysearch, IAC Looks To Contest For Business Ideas

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West Hollywood-based Citysearch , the local reviews and directory service of IAC, has taken an unusual approach to finding its next business idea: it's running a contest which asks its users to submit a "brilliant" idea for web and mobile applications. Tags: citysearch business contest idea venture capital equity. READ MORE>>.

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Upfront Ventures Names Nortman As Co-Managing Partner

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Moonfrye, Kara spent close to seven years at IAC where she was the SVP and General Manager of Urbanspoon and Citysearch; she also served at Morgan Stanley, Microsoft, and Battery Ventures. Nortman joined Upfront from children's e-commerce company Moonfrye, which she founded in 2014. READ MORE>>.

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Privlo Raises $2.1M For Private Mortgage Marketplace

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Among executives at the firm are Kenn Stearns (eRealty), who joins as Chief Product Officer; Saro Vasudevan (Capital One), Chief Customer and Credit Officer; David Subar (BreakMedia, Interthinx), as Interim Chief Technology Officer; and Michael Barton (Startup Exchange, TicketMaster-CitySearch), who joins the firm as Chief Operating Officer.

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Moonfrye Gets $2.5M For Kids Activities

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Los Angeles seems to be cementing itself in as the capital of celebrity and e-commerce, with the latest deal being Moonfrye , a new, "celebrity mom" startup featuring Soleil Moon Frye, best known to the rest of us as Punky Brewster. According to Suster, Moonfrye ''s CEO is Kary Nortman, who formerly ran Citysearch and UrbanSpoon for IAC.

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Los Angeles, San Diego Among Top 10 Cities For Startups

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A list of the top ten cities for startups was released by USA Today and the National Venture Capital Association today, naming both Los Angeles and San Diego among the best cities for startup companies. READ MORE>>.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

She took an operating role helping run Citysearch and Urbanspoon. Venture capital is about backing the leaders of tomorrow who imagine the world as it should be and aren’t constrained by what it is today. My literal response was, “She went to Princeton undergrad and has a Stanford MBA.