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Tastemade Takes $35M

socalTECH

The funding was led by Goldman Sachs Growth Equity, and also included Amazon, Cool Japan Fund, Redpoint Ventures, Raine Ventures, Comcast Ventures, and Liberty Media. The company's show include food, recipe, travel, and home focused content.

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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.

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SocialVibe Names Tappin As New CEO

socalTECH

Tappin was previously COO and CFO at the company. Tappin has previously served as CFO at Overture, had served at private equity firm The Gores Group, was a VP at News Corporation and Twentieth Century Fox Home Entertainment and Fox Interactive, in addition to serving at Deloitte, Haskins and Sells.

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Sonos Funding Pays Off For Early Investors

socalTECH

Elevation Partners, and Redpoint Ventures. The Sonos funding/exit is an echo of the strategy of another, prominent Santa Barbara firm from some years ago, Fastclick, which also took a large private equity investment which cashed out its founders, shortly before filing for an IPO. READ MORE>>.

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SocialVibe Gets $20M More

socalTECH

Los Angeles-based SocialVibe , the provider of social advertising software and technology, announced today that it has raised $20M in additional equity funding. The funding was led by Norwest Venture Partners, and also included Redpoint Ventures, Jafco Ventures, and Pinacle Ventures. SocialVibe is headed by Jay Samit. READ MORE>>.

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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. Often times when companies raise “bridge” financing (this is money from internal investors. Short answer: no. They also avoid Reg D.

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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.