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Report: Trion World, Backed By Rustic Canyon, Planning IPO

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One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon , Trion World Network , is reportedly prepping for an IPO, according to reports over the weekend. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego.

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What Mattered in 2010: John Babcock, Rustic Canyon Partners

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Today, we're featuring the thoughts of John Babcock , a venture capitalist at Rustic Canyon Partners. Under Nate's leadership, we have redoubled Rustic Canyon's focus on early stage companies working in Internet and Cleantech businesses. What was the biggest news for you/your firm this year?

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Docstoc Acquired By Intuit

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Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. Santa Monica-based Docstoc , which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. com), and others.

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Report: Gaikai On The Block, May Bring More Than $500M

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Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

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Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. Nationwide, there was $4.8 billion invested in 780 venture capital deals for Q3.

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Leads360 Wins Automobile Insurance Firm

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Los Angeles-based Leads360 , a developer of hosted software for managing sales leads, reported yesterday that the firm has signed on Infinity Auto Insurance, a unit of Infinity Property and Casualty Group. Leads360 is venture backed by Rustic Canyon Partners, and headed by former Overture Services CIO Dan Morefield. READ MORE>>.

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Gaikai Signs First European Partner

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Los Angeles-based Gaikai , the developer of cloud game streaming technology, reported today that it has added its first partner in Europe. The firm is venture backed by Benchmark Capital, TriplePoint Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital, and is headed by David Perry. READ MORE>>.