Altadena-based AdventureLink , which operates an online marketplace for adventure and eco tour operators and trips, appears to have raised $1.29M in a new funding round, according to a regulatory filing. Source of the new funding was not disclosed, however, it appears that prior investors Anthem Ventures and Allegis Capital participated in the new funding round. Tags: No details on the funding have been announced by the company. The regulatory filing indicates that the funding was a combination of debt and warrants, most likely a convertible round.

What’s out, and what’s in as a theme for venture investments? An article posted on the WSJ site talking about an increase in VC interest in travel quotes local venture capitalist Jim Armstrong , of Clearstone Ventures , who says:  “We’re excited about categories with a lot of money around them and there’s a lot of money in travel.” There’s Pasadena-based LeisureLink (funded by Clearstone), Pasadena-based AdventureLink (funded by Mail Room Fund, Anthem, From the sounds of things, social networking is out, and travel might be up.

Interestingly enough, one of the firm’s local portfolio companies– AdventureLink , in Pasadena–just hired a new CEO from Yahoo, who has summitted Everest twice. ...Tags: Tags: Venture Capita It’s always interesting to me to watch the investment activity as summer swings into gear; it’s usually a telling indicator of how things will pan out for the remainder of the year. In busy years (the past two years, for example) — deal flow hardly paused at all, VCs were so busy they seemed to be around even during their traditional summer vacations,