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Internet Brands Acquires Avvo

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Los Angeles-based Internet Brands said on Thursday that it has agreed to acquire Avvo , which operates an online legal marketplace where consumers can connect with lawyers. According to Internet Brands, Avvo will become part of its Legal vertical. Financial terms of the deal were not announced. READ MORE>>.

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Internet Brands Acquired For $640M

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El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. According to Internet Brands, Hellman & Friedman will pay $13.35 percent over its closing price Friday.

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March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M.

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Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

L.A. Business Journal

Venture capital investment to L.A. region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018.

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First Round Capital Rolls Its Own Startup Exchange Fund

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Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

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Ranker Adds Executives

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Walker is an investor and has been involved in such companies as Westpoint Integrated Technologies; Holt previously has been at Internet Brands, eHarmony, OnGreen.com, and Neodata. READ MORE>>. ranker executive lists sharing social'

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GumGum Rolls Out Image Toolbar

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The toolbar is apparently running on sites such as AskMen.com and a number of Internet Brands properties. GumGum is one of this year's class of Launchpad LA members, and is backed by GRP Partners, First Round Capital, and others. Tags: paparrazi photography photo celebrity internet advertising toolbar image gumgum.