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Mission Ventures' Lee Departs For Stealth Startup

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Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee has not yet announced what he his new startup is up to.

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Dave Ryan of Mission Ventures On Exits

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Last month, San Diego-based venture capital firm Mission Ventures (www.missionventures.com) sold its portfolio firm, Carlsbad-based 3E , just the latest in a string of exits for the firm, which also included an IPO in Maxlinear earlier in the year. READ MORE>>.

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Access 360 Media Raises $12M More

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Access 360 Media , a New York-based digital advertising firm with operations in Los Angeles, said Wednesday that it has raised $12M more in a Series C funding round. The round was led by Columbia Capital, and also included prior investor Mission Ventures.

Media 159
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Enevate Names CFO

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Kennedy was previously CFO at Sprocket Media and SolarBridge Technologies, and also has served at Primarion, ValueClick, and other companies. Irvine-based battery technology developer Enevate announced this morning that it has appointed John B. Kennedy as its new Chief Financial Officer.

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Access 360 Media Gets $8M

socalTECH

Venice Beach-based Access 360 Media, which operates an out-of-home advertising network, said today that it has raised $8M in a Series B funding round. The round was led by Mission Ventures, and also included Bessemer Venture Partners.

Media 100
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Slacker Acquired By LiveXLive

socalTECH

Slacker was founded in 2006, and was venture backed by Austin Ventures, Centennial Ventures, Mission Ventures, Rho Ventures, and Sevin Rosen Funds. In a related move, LiveXLive apparently also has acquired New York-based social media software developer SNAP Interactive. READ MORE>>.

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Rotohog Raises $2M

socalTECH

Los Angeles-based Rotohog , which develops fantasy sports games for sports leagues and others, has raised $2M in an inside round led by Mission Ventures and DFJ DragonFund. Rotohog's CEO, Kelly Perdew, told socalTECH that the idea behind the round is that it will take the firm to profitability. READ MORE>>.