Los Angeles-based venture capital investor Rustic Canyon Partners is part of a group investing $50M in private equity in San Francisco-based LoopNet, which operates an online marketplace for commercial real estate. According to LoopNet, Calera Capital, Trinity Ventures, and Rustic Canyon Partners are investing $50M in convertible preferred stock in the publicly held firm. According to LoopNet, the financing will provide it with additional resources in an "unprecedented market environment." ...Tags: Tags: rustic canyon venture capital loopnet realestate

San Francisco-based investment firm Saints Capital , and Los Angeles-based venture capital firm Rustic Canyon Partners said Tuesday that they have formed a new fund, Saints Rustic Canyon, L.P., which has purchased the interest of nineteen different portfolio firms of Rustic Canyon Ventures, and a portion of eight other firms (note: Rustic Canyon is a sponsor of this publication, socalTECH.com). According to the firms, the sales gives liquidity to Rustic Canyon's single limited partner, which the firm did not disclose or mention, but has previously been disclosed as the Chandler Family Trust , the trust of the Chandler Family -- former owners of the Times Mirror Co. ,

My dear friend Debbie Landa, supreme queen of DealMaker Media is hosting another kick ass event in Los Angeles, and… VC Outlook 2009: If You Need Funding You’re Fuc%ed ( or are you ) - Candid Talks with VCs in Los Angeles Nate Redmond , Partner, Rustic Canyon Ventures I’M GIVING AWAY A TICKET TO THE EVENT (keep reading below). DECEMBER 2, 2008 Roundtable

An opportunity like that is usually one in a million but with the Perfect Pitch Conference taking place in Los Angeles, it’s now a very real possibility. Rustic Canyon Partners Tech Coast Angels (Photo Sir Richard Branson is known for being a successful entrepreneur. Ten minutes alone with the guy could probably change your life if you used it correctly.

Last week I hosted a panel of Los Angeles Venture Capitalists with Jim Armstrong (Clearstone Ventures), Mark Suster (GRP), David Travers (Rustic Canyon), and Brian Garrett (Crosscut Ventures). There has been a lot of conjecture about how the Venture community will respond to the economic downturn. My personal opinion is that its going to be bad, really bad.

Los Angeles-based Docstoc , an online document and sharing startup, said Wednesday that it has added email uploading and publishing to the service. DocStoc is venture backed by Rustic Canyon Partners. The firm said that any document can be uploaded to the firm via email, and it will automatically be published publically on the site. READ MOR

Los Angeles-based Leads360 reported today that it has linked its sales lead management software with offerings from web-based mortgage software firm Optimal Blue . Leads360 is backed by Rustic Canyon Partners, and is headed by Dan Morefield, who was CIO of Overture Services before its acquisition by Yahoo. Leads360 said that its software--used to manage sales leads from online channels--will help mortgage lenders using Optimal Blue's software to close the gap between leads and revenue. Business details of the integration were not announced.

Los Angele-based Leads360 , a developer of web-based, lead management software, is powering a new feature in Google's Adwords program, the firm said Tuesday. Leads360 is backed by Rustic Canyon Partners. According to Leads360, it is working with Google to help power the new AdWords Comparison Ads feature, which allows users of Google's search engine to find and compare mortgage quotes from lenders. Financial details of the win were not disclosed, however, Leads360 said its software is being used by mortgage originators to manage inquiries generated from Google's

Los Angeles-based Leads360 , which provides web-based, leads management software, announced Monday afternoon that the firm has signed its 4000th client, Jones International University. Leads360 is backed by Rustic Canyon Partners. READ MORE>> ...Tags: No details on the financial impact of the new client were released. According to Leads360, it had more than 50% year-over-year growth between July 2008 and July 2009, and had "record profitability", although the firm did not reveal any details on its finances.

Los Angeles-based Leads360, a developer of software for managing sales leads, announced Tuesday that it has released a new product called XML Poster. Leads360 develops software used for web-based sales lead management; the firm is venture backed by Rustic Canyon Partner According to the firm, the new software allows the posting of leads information in real time in XML format. Leads360 said the addition of XML support will help connect its software to third party packages like SoftVu, predictive dialers such as Five9, Salesforce.com, and other products.