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Rustic Canyon Backs UrbanSitter In New Funding Round

socalTECH

Los Angeles-based venture investor Rustic Canyon Partners is one of the returning investor in a new round for mobile, on-demand babysitting app and marketplace provider UrbanSitter. UrbanSitter said last week that it has raised $17M in a Series C funding round. READ MORE>>.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. 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.

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Thanks to socalTECH's sponsors!

socalTECH

We Create Demand for California's Technology Companies. Clearstone Ventures (www.clearstone.com). Venture capital for innovators. Rustic Canyon Partners (www.rusticcanyon.com). Funding great entrepreneurs. Thanks to all of our sponsors, who make our coverage of Southern California's. Think Glendale.

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Thanks to socalTECH's Sponsors and Advertisers!

socalTECH

venture funding and business deals, technology develops, and more from Santa Barbara. It's the source for keeping a pulse on the dynamic world of technology, reaching venture capitalists, angel investors, entrepreneurs, CEOs, social media. Venture Partners , Rustic Canyon Partners , Binary Pulse Technology.

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Local VCs Assess Wall Street, Technology Investment Climate

socalTECH

According to some local Southern California venture investors, it absolutely is affecting how they are thinking about the investment environment. Plus, Babcock says the new money in investments will demand more process, and/or lower valuations. Nevertheless, he said that his firm, and others with money, are still very active.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles. There simply are NOT enough venture capital firms in the Southern California. If there were more great companies coming out of LA then it would create more demand for high quality VC firms. It’s a chicken and egg problem.

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