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TopFloor Takes $6M For Flash Fashion Sales

socalTECH

the startup incubator headed by Michael Jones, has debuted another fashion-related startup out of its incubation efforts this morning. Los Angeles-based TopFloor revealed today that it has raised $6M in a funding round, from Polaris Ventures, Google Ventures, Crosslink Ventures, and Rustic Canyon Partners. READ MORE>>.

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Three Epic Startup Battles With SoCal Players

socalTECH

Here are three, Southern California startup firms--and their competitors--who are engaged in head to head battles to dominate their industry. Backers: Rustic Canyon Partners, Scott Walcheck, Brett Brewer, Robin Richards, Matt Coffin. The firm is headed by Adam Bernhard , a veteran of the fashion sales industry.

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Kinetic Traction Systems, With VC Backing, Takes On Mass Transit Energy Storage

socalTECH

Chatsworth-based Kinetic Traction Systems , a new startup headed by former Pentadyne Power COO Richard Newark, said today that it has launched the firm, and is looking to apply flywheel energy storage to the mass transit and rail market. READ MORE>>.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

Many funds have not performed and will start to disappear. I suspect both were at play in Rustic Canyon Partners that went from a $500 million fund to around a $200 million fund. There are some very talented partners remaining at Rustic Canyon and I’m told some committed LPs. Think about the math.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. Jeremy Liew, a respected VC from LightSpeed, obviously saw the change to ramp up sales. Read more: TechCrunch. ShoeDazzle.

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Docstoc's Jason Nazar Talks About DocStore

socalTECH

Jason is also behind the popular "Startups Uncensored" events in Los Angeles, so we also pinged him on how those events have been going. We want to make sure the marketplace is for professional content, so we screen to make sure the seller is a professional or small business owner, or a startup or entrepreneur.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

But I thought I’d take some more time here to expand on what I think are the challenges, and opportunities, of starting a tech company in LA. Challenge #1 – Tech Companies are Not Typically Started by Technologists. Opportunity #1 – Tech Companies are Not Typically Started by Technologists.

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