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This Week in Venture Capital – Episode 3

Both Sides of the Table

Our “hot deal of the week&# turned out to be more of the “hot theme of the week.&# P2P lending networks are revived and brought it a whopping $40 million in investments announced recently. Increasing this is also migrating to social network messaging but email is still king. The build “implicit social networks.&#

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Wavemaker Three-Sixty Health Launches New Fund

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Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. READ MORE>>.

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

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Los Angeles- and Singapore-based WaveMaker Partners , the venture capital firm managed here in LA by Eric Manlunas and David Siemer, with Paul Santos in Sinagpore, said over the weekend that it is finalizing its new, $50M fund. The new fund is tied to Tim Draper's Draper Venture Network (DVN).

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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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Siemer Ventures Backs Ribbon

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Los Angeles-based Siemer Ventures , the venture capital arm of investment bank Siemer & Associates, has been one of the most active local investors lately--and is continuing that trend, with the investment in Ribbon. in a seed funding round. in a seed funding round.

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Ripple TV Acquired By TargetCast

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El Segundo-based Ripple has been acquired by TargetCast Networks, a San Ramon-based operator of a out-of-home digital advertising network. According to TargetCast Networks, the buy gives it 1400 locations and 3425 screens delivering local and national advertisements. Financial terms of the buy were not disclosed. READ MORE>>.

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Ripple Acquirer Raises Funds

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Casting some additional light on the acquisition of El Segundo-based Ripple last week, acquiring firm TargetCast Networks revealed today that it has received a new round of venture capital worth $6.5M from one of Ripple's primary backers, Draper Fisher Jurvetson. Tags: capital venture targetcast ripple.