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Report: Redpoint's Martin Leaving Firm

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Greg Martin , the partner heading up Redpoint Ventures ' Los Angeles office, has reportedly left the firm, according to a report from the Private Equity Insider. Martin is no longer listed on Redpoint's web site, was not listed in its latest fundraising documents, and declined to comment on the story. READ MORE>>.

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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. Thanks for the time today.

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Kutcher, Oseary Back Gigster Next To Michael Jordan

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Ashton Kutcher and Guy Oseary 's Sound Ventures, which is based in Los Angeles, has made an investment in the Series B funding round for San Francisco-based software development provider Gigster , in a round that also included basketball legend Michael Jordan. READ MORE>>.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

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invested in Southern California in Q4. was invested in Southern California, as well as Q4 of last year, when $508.2M was invested in the region. However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. in investments. in investments.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 37 Percent In 2009

socalTECH

invested in Southern California in Q4. was invested in Southern California, as well as Q4 of last year, when $508.2M was invested in the region. However, nationally, venture capital numbers were much worse, with venture investments dropping to the lowest level in more than a decade. in investments. in investments.

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Jaunt Finds $65M To Open VR Studio In Los Angeles

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Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. 1 SE, Axel Springer SE, The Madison Square Garden Company plus Google Ventures, Highland Capital, Redpoint Ventures, Sky and SV Angel.

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Q1 Southern California Venture Deals Rise To Around $1.4B

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The information--gleaned from funding announcements, regulatory filings, and other sources--are also up significantly from Q1 of last year, when only $729.89M was invested in the region. Interestingly, only Redpoint, Domain, Anthem, and DFJ Frontier have local offices in Southern California. in deals tracked by our database.