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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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Lastline Finds $10M For Malware Defense Software

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Santa Barbara-based Lastline has raised $10M in a funding round, to go towards the development of its malware defense software, the firm announced this morning. The new funding round was led by Redpoint Ventures and e.ventures, with Redpoint''s John Walecka joining the firm''s board. Lastline is led by Jens Andreassen.

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FloQast Raises $110M

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Los Angeles-based accounting software developer FloQast said this morning that it has raised $110M in its Series D funding round, with its latest valuation putting the company into unicorn territory, at $1.2 The company develops financial close management software, used for financial reporting.

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Jaunt Acquired By Verizon

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Jaunt , a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon , the companies said today. According to Jaunt, Verizon has acquired Jaunt's software and technology, among other assets. READ MORE>>.

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Orca Security Joins Unicorns With $210M Injection

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Los Angeles-based Orca Security, a developer of cloud security software, has joined Southern California's unicorns, raising $210M in a Series C funding. The funding was led by CapitalG, the growth fund of Alphabet, and Redpoint Ventures. the company said the funding gives it a valuation of $1.2

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Qualified.com, With LA Exec, Gets $12M

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Qualified , a startup developing conversational marketing software for companies that use Salesforce, said on Tuesday that it has raised $12M in its Series A funding. Sikola said Qualified is adding team members in Los Angeles shortly. Scott Beechuk, a partner at Norwest Venture Partners, joins the company's baord of directors.

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Former LA VC Gets Backing For Enterprise Alerting, Micro Apps Startup

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Fouad ElNaggar , a former venture capitalist who had been responsible for the Los Angeles office of Redpoint Ventures, has scored funding for a new startup, Sapho. Sapho develops software which helps pull together information across hundreds of enterprise apps, and presents them to employees as "micro apps". Sapho is in Silicon Valley.

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