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Bombd Sets Up Shop In Venice, Aims At Social Networking

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Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S., READ MORE>>.

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Report: Snapchat Valued At $10 Billion In New Funding

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Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging social networking'

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Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. snapchat yahoo investment venture capital valuation social networking' READ MORE>>. snapchat yahoo investment venture capital valuation social networking'

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Viddy Gets $1.6M For Mobile Video Sharing Software

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Venice, California-based Viddy , a new startup developing mobile video tools, said today that it has raised $1.6M the funding round came from Battery Ventures, Bessemer Ventures, Qualcomm, and angel investors including Jarl Mohn and early team members from YouTube. The firm was founded by JJ Aguhob and Brett O'Brien.

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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. We're working with a company in Venice Beach which is trying to solve that problem. What areas you personally are looking at right now?

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