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Leads360 Gets $15M For Sales Lead Software

socalTECH

Los Angeles-based Leads360 , the developer of leads management software headed by Nick Hedges, said this morning that it has raised $15M in new funding. The round was led by Volition Capital, and also included Rustic Canyon Partners. Leads360's software is used for managing and tracking sales leads.

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Leads360 Uses Algorithms To Automate Sales Prioritization

socalTECH

Los Angeles based Leads360 , the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better assign and drive leads and sales followups. Pricing on the new product were not announced. READ MORE>>.

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Leads360 Becomes Velocify

socalTECH

Sales automation software developer Leads360 said Wednesday that it has renamed the firm to Velocify , saying the new name better reflects its focus on "high-velocity" sales environments. Leads360 is venture backed by Rustic Canyon Partners and Volition Capital. READ MORE>>.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures. Read more: PEHub. 10mm in Series C.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.