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GRP Partners Gets Exit At mFoundry

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Los Angeles-based venture capital investor GRP Partners has scored an exit at one of its firms this morning, mobile banking and payment provider mFoundry. Brian McLoughlin of GRP was on mFoundry's board of directors. READ MORE>>.

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Burstly Opens Up Mobile Ad Service

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Los Angeles-based Burstly , the mobile advertising tools firm run by Evan Rifkin, said this week that it has opened up a new way for mobile application developers to sell their own advertising space. Burstly is venture backed by Founder Collective, GRP Partners, Rincon Venture Partners, and SoftBank Capital.

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Building A Dream Team For Mobile Advertising, with Gradient X

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If there were such a thing as a "Dream Team" for mobile advertising, you would be hard pressed not to pick the founding team of Los Angeles-based Gradient X (www.gradientx.com), whose founders include Michael Lum (formerly of OpenX), Brian Baumgart (formerly at Adconion), and Julie Mattern (formerly of Rubicon Project).

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ChowNow Gets $708K

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Los Angeles-based mobile food ordering startup ChowNow has raised $708,414 as part of a new funding round, according to regulatory filing by the firm this week. ChowNow has previously raised funding from Daher Capital, Double M Partners, GRP Partners, Karlin Ventures and Velos Partners, and was part of LaunchpadLA.

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Burstly Snags $1.8M For Mobile Ad Tools

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Los Angeles-based Burstly announced Tuesday afternoon that the firm has raised $1.8M The funding round came from GRP Partners and Rincon Ventures. Mark Suster at GRP lead the firm's investment, with Jim Andelman heading up Rincon's involvement. Tags: rifkin evan advertising mobile capital venture burstly.

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ChowNow Raises $1.19M More

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Los Angeles-based mobile food ordering startup ChowNow has raised $1.19M more in an ongoing funding round, according to a regulatory filing by the firm last week. ChowNow is venture backed by Daher Capital, Double M Partners, GRP Partners, Karlin Ventures and Velos Partners. READ MORE>>.

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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. Why do I say that?