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United Online's Helfand Departs, Joins Auditude

socalTECH

Auditude is venture backed by Granite Ventures, Silicon Valley Bank, Greylock Partners, and Redpoint Ventures; the appointment of Helfand came in conjunction with a new, $11M Series B funding round for Auditude. The firm was actually spawned out of a UCLA MBA business plan competition.

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Three Epic Startup Battles With SoCal Players

socalTECH

Whoever wins, these are some of the local firms in interesting markets--and their tough, well-backed head-to-head competition--worth watching. Backers: Charles River Ventures, Kinsey Hills Group, Redpoint Ventures. . DocStoc vs. Scribd. DocStoc - Profile. In the other corner: Scribd - Profile. Funding: $12.8M. HauteLook - Profile.

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Thanks to our sponsors!

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Redpoint Ventures (www.redpoint.com). www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. Thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Silicon Valley Bank (www.svb.com).

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Current rount: $8.14mm in Series A from Redpoint (lead), Foundry Group, with previous investors, First Round Capital, Lowercase Capital (Chris Sacca), Ravi Narasimham. Competition: McAfee , Symantec. We also talked a lot about Stickybits (who uses the SimpleGeo platform) and Occipital who has the red-hot RedLaser scanning product.

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The Coming Shift in Enterprise Software

Both Sides of the Table

So riffing off the famous Andy Grove statement that “only the paranoid survive” and believing that “only the most exceptionally talented startup teams survive” — most get washed out by the constant cycle of change and competition. Why Invest? The lead partner is Kevin Efrusy who amongst other things helped source Facebook for Accel.

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