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Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

L.A. Business Journal

Venture capital investment to L.A. region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018.

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March Capital Partners Launches $240M Venture Fund

socalTECH

Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. READ MORE>>.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott left the company, which eventually IPO’d and became Internet Brands. Investing much of new cash to build presence in Android platform. Tags: This Week in Venture Capital. Includes 70,000 apps for all major mobile OS platforms, including Apple’s. Current round: $11mm Series-B led by Accel.

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First Round Capital Rolls Its Own Startup Exchange Fund

socalTECH

Venture capital firm First Round Capital , the early stage venture fund whose Managing Directors include Idealab's Howard Morgan , said last night that it has created its own startup exchange fund, a fund which allows the founders of the firm's various startups to diversify their investments and share in the success of the company's portfolio.

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How OneStop Internet Is Powering Ecommerce For Brands

socalTECH

How did you end up going from Senior Associate at a venture capital company to CEO at a fashion related business? John Tomich: Actually, prior to working for the VC firm, I spent a couple of years out of college working on eCommerce and Digital strategy at a consulting agency. You''ve got a very interesting background.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We've created over a billion dollars in public market capital created by our investments here. Thanks for the time today. We really believe in the market.

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Rustic Canyon Sells Positions In Portfolio

socalTECH

San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., the parent firm of the Los Angeles Times before its acquisition by the Tribune Company.