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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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TrueX Media Acquired For $200M, Says Report

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Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. The deal is reported to be worth $200M. TrueX was previously known as SocialVibe, and is venture backed by Jafco, Norwest Venture Partners, Pinnacle Ventures, and Redpoint Ventures.

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Topspin In Major Layoffs, Says Report

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Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. Topspin is venture backed by Foundry Group and Redpoint Ventures. The startup offered up web-based apps to help artists and labels reach their fans.

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FloQast Raises $110M

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The funding was led by Meritech Capital, and also included Insight Partners, Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Polaris Partners, and Norwest Venture Partners. The company develops financial close management software, used for financial reporting.

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Report: Machinima Looking For A Mega Funding Round

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A report from AllThingsD says so , saying that Machinima is looking for an investment of more than $70M. Machinima last raised funding in May of last year, raising $35M from such backers as Google, Redpoint Ventures, and MK Capital. Is Los Angeles-based YouTube network Machinima looking for a big round of funding?

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Report: WebVisible Shuts Down

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Irvine-based online advertising firm WebVisible has shut down, according to a report Wednesday. WebVisible had raised over $37M in venture capital, from such investors as Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures. READ MORE>>.

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Report: Uber Eyes Luxe's Technical Team

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Luxe is venture backed by Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures, Rothenberg Ventures, as well as others.

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