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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel. WordPress parent company Automattic secures $300M.

Services 207
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Sonos Funding Pays Off For Early Investors

socalTECH

Sonos had raised $41M in funding--mostly from BV Capital, the investment fund of Andreas von Blottnitz--before this late stage injection from Kohlberg Kravis Roberts & Co., Elevation Partners, and Redpoint Ventures. READ MORE>>.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

It’s always fun debating companies with Dana because she’s always so knowledgeable on deals – particularly those in the digital media, ad-tech and eCommerce spaces. But having different funds available for different stages of one’s company is actually a really good thing. DEAL OF THE WEEK: Gilt Groupe – We both admired this company.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002. The idea is simply to foster the community and support up-and-coming entrepreneurs.

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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

I asked some of the participating VCs, and they told me their attorneys had figured out a way to keep their stealth-mode companies stealthy.Yes, this strategy is not for every company. We spoke about the changes to an “accredited investor&# proposed by Chris Dodd – This would be bad for angel investing. . -