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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. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. Postmates, the popular food delivery service, raised another $225 million at a valuation of $2.4 Online personal shopping service Lookiero gets $19M. The business has closed a $3.85

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Networks In Motion Names VP

socalTECH

Irvine-based location-based services (LBS) firm Networks in Motion said this week that it has hired on a new Vice President of Engineering at the firm. Networks In Motion said that M. Fathi Hakam has joined the firm from Kyocera Wireless, in San Diego. He has also served at Motorola. READ MORE>>

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WebVisible Cuts Deal with Husqvarna

socalTECH

Irvine-based WebVisible , which provides local online marketing services and software, and chainsaw maker Husqvarna said this morning that the two are in an online search advertising partnership. WebVisible is venture backed by Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures. READ MORE>>.

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Rustic Canyon Backs Social Shopping Site

socalTECH

According to Mertado , a social shopping service which links users with home and kitchen products via Facebook said Wednesday that it has raised $2.3M The round came from new investor Rustic Canyon Partners, and also included prior investors Blumberg Capital and Redpoint Ventures. in a Series A round. Mertado is based in Redwood City.

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SRCH2 Raises Funding, Targets Enterprise Search

socalTECH

The world of search technology is constantly evolving, with new features like autosuggestion, "instant search", autocorrect, mobile support, and more constantly showing up in such services like Google. Waxman is the co-founder of Firefly Networks, PeoplePC and SpotRunner. Size of the funding round was not announced.

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WebVisible Taps Search Engine Expert As Marketing Head

socalTECH

According to the firm, Ryan will oversee corporate marketing, public relations and creative services, along with managing and purchasing media across different ad networks. WebVisible is backed by Redpoint Ventures and Sutter Hill Ventures. Ryan is relocating New York to join WebVisibile. READ MORE>>.

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