HealthDataInsights Sells for $400 Million. Big Win for GRP Partners.

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That’s why I’m proud to announce today that HealthDataInsights (founded by Victor Chaltiel), where GRP Partners was a 30% owner, has been acquired for $400 million. These are industries in which our partners have focused for the past 15-20 years.

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. It looks like GRP has been making lots of early stage investments lately--can you talk a little bit about your investment preferences and what you are looking at nowadays?

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ChowNow Raises $3M to Level the Online Food Ordering Field for Small Biz

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Funds were contributed by returning investor GRP Partners along with Double M Capitol, Karlin Ventures, LaunchPad LA and Daher Capitol, all local investors. ChowNow is helping level the playing field for smaller restaurants through innovation.

Meet Launchpad LA’s Graduating Startups

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million led by GRP Partners, with participation from Baroda Ventures, Bertelsmann Digital Media Investments (BDMI), Daher Capital, Double M Capital, Karlin Ventures, Clark Landry, Andy Rankin, and Launchpad LA.

RingRevenue Signs Mobile Ad Network Tapjoy

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Santa Barbara-based RinvRevenue , the provider of pay-per-call marketing technology, said today that it has partnered with mobile ad network firm Tapjoy. RingRevenue's technology helps track the source of inbound calls from affiliate networks. Tapjoy is backed by J.P.Morgan Asset Management, Rho Ventures, North Bridge Venture Partners, InterWest Partners, and D.E. RingRevenue is venture backed by GRP Partners and Rincon Venture Partners, and is run by Jason Spievak.

Los Angeles Startup Community

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So, I promised I would create this post to help point them in the right direction. Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become.

Gravity Gets $10.6M More For Real Time Personalization

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The funding was led by GRP Partners, and also included Redpoint Ventures and August Capital. Gravity said the new funds will help it expand its operations in Los Angeles, New York, and San Francisco, as well as scale its publishing partners and deploy its platform.

Why You Should Give Before You Get

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And sometimes I feel happy to help somebody even when we’re just getting to know each other. It feels much better to be helpful than to be indebted. Be helpful. Fill your VC good will, build relationships, be helpful to them not just asking for things.

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Innovation Crush | How an Investor Thinks Through Innovation

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On Innovation Crush , Hamet Watt helps shed some light on the intricacies of successes – and failures – in the start-up community. Every day, 1000’s of new bright-eyed and bushy tailed companies sprout from depths of start-up soil.

Los Angeles Startup Community

SoCal CTO

So, I promised I would create this post to help point them in the right direction. Venture Capital As long as I'm pulling this together, here are some venture capital firms in Los Angeles that can help get you wired in. I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. I told them that I had recently seen several posts/articles talking about how vibrant the community has become.

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

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To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire.

textPlus Updates iPhone, Android Apps

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The firm quietly made the updates over the past few weeks on both of its apps, adding such features as the ability to send 30-second voice notes to other app users; allowing users to manage their Facebook friends directly from the apps; and features to help find friends and invite them to connect. GOGII is venture backed by Matrix Partners, GRP Partners, and Kleiner Perkins Caufield & Byers iFund; the firm's founder, Scott Lahman, was a co-founder of JAMDAT Mobile.

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Launchpad LA Adds Funding, Office Space For Startups

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Los Angeles-based Launchpad LA , the business acceleration program headed up by Mark Suster of GRP Partners, said today that it has expanded the program, and added $50,000 in funding for startups in the program, plus actual physical office space.

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Grubwithus Gets $5M

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Venice-based Grubwithus , which operates a service which helps connect people in real life with others over meals and food, said this week that it has raised $5M in a Series A funding round. The round was led by GRP Partners, and also included Michel Daher, a Lebanese entrepreneur. The firm said that Mark Suster of GRP Partners will join the company's board along with the funding.

GRP Re-Ups On DataSift

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Los Angeles-based venture capital investor GRP Partners has re-upped its investment in social data analytics firm DataSift , in a Series A follow-on announced this morning. DataSift said that existing investors GRP Partners and IA Ventures invested $7.2M GRP's investment in DataSift is managed by Mark Suster. datasift venture capital partners suster analytics data

Entrepreneur’s Don’t Think Enough. Here’s What You Can Do About It …

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I had one of the biggest mental breakthroughs about what I want to do differently at GRP Partners in 2013. They often need teams of people to help them Plan how to turn their ideas into realities. Even if you have to ask for help from others to turn the Think into Do.

Why Aren’t There More Female Entrepreneurs?

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Even more interesting is that at GRP Partners (the VC firm where I’m a partner) our two most successful returns from our previous fund [which is ranked as the top performing fund in the country for its 2000 vintage according to Prequin] were both run by women!

Topspin Launches Social Analytics Service

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Los Angeles-based Topspin Media , which develops tools to help musicians market themselves online, has released a new set of analytics tools today, called Topspin Sharealytics. is a San Francisco startup whose backers include Los Angeles-based GRP Partners, among others. According to Topspin, the new set of features comes via a collaboration with social analytics firm Awe.sm.

RingRevenue Powers Education Marketer

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The firm revealed the relationship today, claiming that use of its system has helped with the quality and quantities of inquiries for a number of schools and universities served by CUNet. RingRevenue is backed by GRP Partners and Rincon Venture Partners. Santa Barbara-based RingRevenue , the pay-per-call technology provider headed by Jason Spievak, has been powering a pay-per-call system for education marketer CUnet.

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. Perhaps the biggest piece of new news is that after 17 years of operations we’ve changed our name from GRP Partners to Upfront Ventures.

LA Tech Startup Innovators and Fun Facts

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Previously known as GRP Partners, Upfront Ventures has focused on early stage investments since 1996. VSI2 enables student collaboration with partners, mentors, and startup visionaries to incubate the brightest young minds of today into tomorrow’s groundbreaking tech wizards.

Building A Dream Team For Mobile Advertising, with Gradient X

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Gradient X is backed by Rincon Venture Partners, GRP Partners (now Upfront Ventures), CrossCut Ventures, Founder Collective, Siemer Ventures, Baroda Ventures, and Double M Partners. We help them to deliver that goal.

To Be Successful You’ll Need to Shake Hands and Kiss Babies.

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I was here to see one of our LPs (limited partners are the people who invest money in VC funds) called Fort Washington. Or relied upon the fact that he had already met my three partners. It’s Wednesday late afternoon.

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The Entrepreneur Thesis

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But when I’m looking to invest the dollars that my Limited Partners have entrusted my firm with I’m going with my view. It’s the view that I back great entrepreneurs and help them pursue their dreams no matter what. This return won’t be enough for me to justify for me partners.”

Bolstering the Partner Ranks at GRP

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It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRP Partners. The feedback was always universal, “that was the most helpful marketing meeting I’ve every had.”

GrubTonight Launches Social Dinner Reservation Service

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Grubwithus is just one of a number of startups here who have focused on helping others meet others around meals; other similar services from local startups include SupperKing.com (home cooked meals with strangers) and DinnerDate.com (group dates at local restaurants).

Why Startups Need to Blog (and what to talk about …)

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This is a post to help you figure out why you should write and what you should talk about. I had been reading Brad Feld’s blog & Fred Wilson’s blog for a couple of years and found them very helpful to my thinking so I honestly just thought I was giving back to the community.

GRP Excited to add Sam Rosen to Its Ranks. How Did He Get the Role? Hustle. Here’s the Story.

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I’m very excited to be finally be able to announce that this week we’ve added Sam Rosen to our ranks at GRP Partners in the role of entrepreneurs-in-residence – EIR. Come to partner meetings. Help us review a few deals. But would my partners buy into Sam?

The Power of Getting the Band Back Together

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My other partner, Steven Dietz, was on the board of my second company. Stuart Lander has joined Upfront Ventures to help us run operations. But he has the added benefit of living in the UK – making him the perfect partner for Nick. Startups are hard.

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Tinder Takes On Dating Via iPhone

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Tinder , a brand new iPhone dating app created by Sean Rad and Justin Mateen of Hatch Labs, has just launched, in a quest to help users better connect with others via their iPhone. The new app, the first to spin out of Hatch Labs, helps users find who likes you nearby, and connects you with them if you're interested, via an anonymous process. went on to raise venture funds from Greycroft Partners, GRP Partners, and Matt Coffin.

Here are More Signs that LA Tech is Moving to the Next Level

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” He was generous with his time with me and helpful. They scooped up none other than David Hernand who will join the practice as managing partner. Also coming from DLA Piper is another partner – Christopher Shoff. And a fourth partner – Jennifer Massey – will join from an entertainment background. I wrote a blog post on how to work with lawyers at a startup nearly two-and-a-half years ago. It was very widely read.

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Insights and Opinions: Avoid Monoculture

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For today's Insights and Opinions piece, we turn again to prolific blogger and local venture capitalist Mark Suster of GRP Partners , for his insights into how a wider experience--beyond the confines of the startup world--can help you as an entrepreneur.

Announcing a Deal I’ve Wanted to Talk About for a Year

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I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). Let me not bury the lede.

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