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Bonfire Ventures Launches $60M Venture Capital Fund

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The fund was founded by longtime Southern California technology investors Jim Andelman and Mark Mullen, who are joined by Leah Volger, formerly of Google and Santander InnoVentures. Los Angeles-based Bonfire Ventures said this morning that it has officially launched with its first fund, a new $60M fund aimed at early stage startups.

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Tech Scenes: Royce Disini of Mobcrush

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In this solo episode we meet up with Royce Disini and talk about Mobcrush , mobile gaming, live streaming, and content creator entertainment in Los Angeles. Media Sponsor: SOCALTECH - High Tech News and Information for Southern California. Empowered by: Collective Genius - Executive Search for Emerging Companies.

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Readers: Support Our News Coverage, Become A Member Today!

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Dear readers: do you find our news coverage on Southern California's high tech companies, startups, and technology developments useful? If so, we need YOUR support. Are we helping you to find and win customers and deals? Join today at [link] READ MORE>>.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

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A $3 billion acquisition offer is heady territory for Southern California''s high tech startup ecosystem--the largest exit in recent memory for a venture-backed startup was the 2011 IPO of Green Dot, worth $2 billion to its investors. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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What Mattered in 2012: Erik Rannala of MuckerLab

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For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. See more insights from the Southern California high tech community in our continued series this whole week! READ MORE>>.

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What Mattered in 2012: Paul Bricault, Amplify LA

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For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. I think mobile payments and online education will finally hit their stride in 2013 benefiting companies like Braintree and Dwolla and Coursera respectively.

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Cheers Gains $2.5M To Spread Happiness, Joy

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p>Is the world short in happiness and joy--and how can a mobile app change that? in a Series A from investors to help build out its mobile apps, which let users show their appreciation for people, things, and places they love. Bizrate eventually became Shopzilla, and was acquired by E.W. Scripps for $525M in 2005.