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MomentFeed Raises $1.2M

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Santa Monica-based MomentFeed , a provider of location-based marketing software and services, said today that it has raised $1.2M in a Series AA funding round. As part of the funding, Salil Pradhann of DFJ SAIC has joined the company's board of directors. MomentFeed was founded and is headed by Rob Reed. READ MORE>>.

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LAVA Honors Richard Riordan, Local Technology Firms

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The group, which promotes the venture capital industry in the Los Angeles area, also honored local companies for their funding and exit activity. ShoeDazzle.com , the online e-commerce startup headed by Brian Lee and whose co-founders include Kim Kardashian, scored top honors in the Best venture funding in digital media/e-commerce category.

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Interview with Rob Reed, MomentFeed

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The firm announced a funding round last week, from DFJ Frontier, DFJ JAIC, Gold Hill Capital, and angel investors Gil Elbaz (Factual), Auren Hoffman (Rapleaf), and Walter Kortschak (Summit Partners), and many others. Rob Reed: The position of MomentFeed, is that it is essentially a layer in the location based services stack.