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Active Network Plans Offering For Investors

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The venture investors in San Diego-based sports website firm Active Network are looking to take some dollars off the table, via an offering from Active, according to an S-1 filed by the company Friday. Those investors include ICG Holdings, TPG Ventures, Norwest Venture Partners, Draper Fisher Jurvetson, TL Ventures, as well as others.

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Wavemaker Portfolio Firm, Phunware, Goes Public Via Reverse Merger

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Phunware, based in Austin, Texas, is backed by Wavemaker Partners (Draper Network Fund), Fraser McCombs Ventures, Maxima Ventures, Samsung, Cisco Investments, World Wrestling Entertainment, PLDT Capital, Central Texas Angel Network (CTAN), Baylor Angel Network (BAN) and others. READ MORE>>.

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WaveMaker Partners Closing New $50M Fund, With Southeast Asia Focus

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The new fund is tied to Tim Draper's Draper Venture Network (DVN). The new fund has a new focus specifically on investing in companies in Southeast Asia. WaveMaker said the new fund has a specific focus on B2B, early stage startups in Indonesia. The fund is WaveMaker's fifth. READ MORE>>.

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Wavemaker Three-Sixty Health Launches New Fund

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Wavemaker 360 has operations in Pasadena, Santa Monica and La Jolla, along with Nashville, Virginia Beach and Singapore, and is part of the Wavemaker Partners family of funds and the Draper Venture Network. READ MORE>>.

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Report: Dmitry Shapiro To Head Up Google Plus

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A report today says that Dmitry Shapiro , the former founder of Veoh and head of MySpace Music, and currently founder of alternative social networking site Anybeat , may be heading to Google to head up its Google+ efforts. The report , from PandoDaily, cited a single source for the information. READ MORE>>.

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Facebook Competitor Altly Becomes Anybeat

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In addition to the new name, AnyBeat outlined a number of principles behind the social network. Shapiro was formerly the founder of Veoh Networks, and head of MySpace Music. The new name was not a surprise, as Shapiro had said the company would be renaming itself before launch. READ MORE>>.

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Eventful Reaches 20M Registered Users

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Eventful is venture backed by Bay Partners, Draper Fisher Jurvetson, Omidyar Network, and Telefonica. The firm claimed that the milestone makes it the largest, aggregated audience for local entertainment seekers in the world. Eventful lists local events, concerts, music, movies, family activities, and more. READ MORE>>.

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