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GRP Partners Backs Cloud Database Firm

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Los Angeles-based venture capital firm GRP Partners has backed a provider of cloud-based databases, MongoLab , in its Series A funding. MongoLab said it has raised $3M in a Series A funding led by The Foundry Group, and including Baseline Ventures, GRP Partners, Freestyle Capital and Bullet Time Ventures.

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Ad.ly Confirms Funding

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Los Angeles-based social, celebrity advertising startup Adly confirmed the company''s recent $2M funding round today, officially announcing the funding from GRP Partners and Siemer Ventures. The firm disclosed the funding last week. adly venture capital funding social celebrity advertising' READ MORE>>.

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Interview with Mark Suster, GRP Partners

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This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. The new fund is focused entirely on technology companies.

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Pop-up Pantry Finds $1.7M In Funding

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seed funding round, led by GRP Partners, CrossCut Ventures, Adam Goldenberg (JustFab), and Michel Daher (of Daher Foods). The startup, founded by David Hauslaib and Tom Balamaci, operates a subscription service which ships out three-course, frozen meals to people which have been developed by top chefs.

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Q2 Venture Funding Drifts Downward In Southern California

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in funding during Q2 of 2012, down from Q1, and slightly below investments in Q2 of 2011. in funding, followed by San Diego, with $304.7M in funding. County and San Diego seeing slightly less funding that the prior quarter. Mobile video sharing app developer. raised, also were among the top fundings.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

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I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). We love all of LA and fund all regions.

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Launchpad LA Receives VC Funding: $50,000 Per Startup

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We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. Of these 19 have received funding (10 have received significant amounts of VC funding) and 5 have been acquired (2 for more than $30 million).