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Crosscut Ventures Raising Second Fund

socalTECH

Los Angeles-based Crosscut Ventures , the early stage, venture capital investment firm run by Rick Smith and Brian Garrett, looks to be kicking off a new fund, according to an SEC filing this week. Details on the fund size were not included in the filing, and the firm has not commented on the filing. READ MORE>>.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

The fund--started by Brian Garrett and Rick Smith --has been focused on digital media investments, and so far has made investments in six companies. What do you invest in? We're describing ourselves as a micro-cap venture fund, focused on digital media opportunities in the emerging ecosystem of Southern California.

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Interview with Steve Goldman, Ace Metrix

socalTECH

Ace Metrix is venture backed by Hummer Winblad, and Palomar Ventures. So we quit our jobs about two years ago, and invested hundreds of thousands of dollars of our own money, and developed a prototype and started knocking on doors. On the fly, they can make changes to their media plans, and creative rotations, and optimize their buys.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

While we often lack the technology and product depth of our counterparts in the Bay, I would argue that entrepreneurs in LA would thrive if you dropped them into any industry. In the bay area there are dozens of firms that are actively making investments. It’s a chicken and egg problem.

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