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Truepic Takes $26M For Photo Verification

socalTECH

San Diego-based Truepic, a startup that provides photo verification technology, said today that it has raised $26M in a Series B funding round. The funding was led by M12, and also included Adobe, Sony Innovation Fund by IGV1, Heart Ventures, and individuals from Stone Point Capital. Jeffrey McGregor is CEO of Truepic.

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More Great News for #LATech – Crosscut Ventures Raises $75 Million Fund

Both Sides of the Table

Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. LA has grown up a lot over the past 5 years. This week Michael Dubin’s startup Dollar Shave Club announced a $75 million funding round at a rumored $650 million valuation.

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CoreObjects Acquired By Indian Firm

socalTECH

Los Angeles-based CoreObjects Software , a provider of software development to both startups and other firms, has been acquired. CoreObjects has received venture funding from Palomar Ventures. According to Symphony Service Corp. , Financial terms of the buy were not disclosed. READ MORE>>.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. Let's start with an overview of the fund. Brian Garrett: We started Crosscut Ventures about a year ago.

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Ace Metrix Targets TV Advertising

socalTECH

The firm, which is funded by Hummer Winblad Venture Partners and Palomar Ventures, said that the software-as-a-service product is aimed at advertisers and agencies looking to understand and compare the performance of competitive ads across their own market and other industries, and to gain feedback on their ads. READ MORE>>.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

-The Scott Sanfilippo Interview Media Optimization Firms Are Red Hot In Southern California in 2009 Proliferate - Aggregate - Integrate Startups Uncensored #4 - “Finding and Working with Partners” SoCal VC’s absent from Forbes Midas List Top Five Best Uses of an Entrepreneur's Legal Dollars What Data Crunchers Did for Obama An Evaluation of Web Strategy (..)

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Interview with Steve Goldman, Ace Metrix

socalTECH

Ace Metrix is venture backed by Hummer Winblad, and Palomar Ventures. We can up with the initial idea of a standardized, effectiveness and scoring system--just like a FICO score for credit, or the SAT for college admittance, or the Robert Parker score for wine. Tell us a bit about your company? Why haven't people done this in the past?