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24 Articles match "Rustic Canyon","Technology"
The Latest from the Southern California Tech Central Community
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Monday, March 8, 2010
Santa Monica-based US Renewables Group , a private equity firm focused on renewable power, biofuels, and clean technology, said this morning it has created a new company, Westerly Wind LLC , to provide capital and expertise to developers of wind power systems. US Renewables Group is managed by Jim McDermott--who, aside from private equity experience and investment banking, was the founder of Stamps.com, Spoke Software, and Archive Inc--and Lee Bailey, formerly a partner with Rustic Canyon Partners. The firm said the new company will be headed by Joe Cofelice, who has previously served as President of Catamount Energy Corporate and CEO of American National Power, Inc.
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Thursday, March 4, 2010
think one of the main reasons, is that LA has some unique challenges when it comes to a technology community. It's not like San Francisco, where everyone seems to be in a five mile square radius, and you can get out and walk to other technology companies. In San Francisco, it's technology people looking to find business people. Recently, Santa Monica-based Docstoc (www.docstoc.com) launched a new marketplace on its site, for anyone interested in selling professional documents. We thought we'd get the background on the new effort directly from Jason Nazar , CEO and founder
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Wednesday, March 3, 2010
Altadena-based Perfect Market , which is developing technology to help publishers monetize their long tail content, confirmed today that it has raised $6M in a Series C funding round. The firm said the round was led by Tribune Company, and also included Trinity Ventures, Rustic Canyon Partners, and Idealab. According to Perfect Market, the new funding will go to market and deploy its solutions. Perfect Market said that the Tribune Company has been using its product on a number of its web properties.
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The Best from the Southern California Tech Central Community
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Tuesday, December 9, 2008
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. ,
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Monday, September 22, 2008
John Babcock, a Managing Director at Rustic Canyon, told us that "while panics are a regular part of free markets, we are definitely into uncharted territory here in terms of the size and speed of the government response to prevent systemic market failure. " How is the instability on Wall Street affecting local venture capitalists? According to some local Southern California venture investors, it absolutely is affecting how they are thinking about the investment environment.
John
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Wednesday, May 6, 2009
The funding came from Venrock, Khosla Ventures, Rustic Canyon Partnres, and Saints Capital. According to the firm, it will use the capital to advance its technology, expand its technical team and facilities, and collaborate with automotive manufacturers. Camarillo-based Transonic Combustion , which is developing fuel injection systems for the automotive industry, said Wednesday that the firm has raised a Series C round of funding. Amount of the investment was not disclosed.
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Tuesday, September 30, 2008
According to the firm, founding CEO Jeff Solomon becomes Senior Vice President and will focus on product and technology development at the company. Leads360's software is used to manage web-based sales leads; the firm is venture backed by Rustic Canyon Partners. Los Angeles-based Leads360, a developer of lead management software, has tapped Dan Morefield as the firm's new President and CEO, the firm announced this morning. Morefield is the former COO of Experian Consumer Direct, as well as CIO at Overture Services.
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Friday, July 10, 2009
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Monday, November 3, 2008
Pasadena-based Perfect Market, which is developing technology to help publishers monetize their archive content, said Monday that it has acquired technology from Mediariver, which can be used to match content and advertising to any web page. Perfect Market is venture backed by Idealab, Trinity Ventures and Rustic Canyon Ventures. Financial terms of the acquisition were not disclosed. Perfect Market said that the entire MediaRiver team, including its founder and CTO, have joined the company.
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Thursday, December 11, 2008
The company--which is backed by clean technology heavyweight Khosla Ventures, Venrock, and Rustic Canyon Partners--said that Ahlborn was most recently president of McLaren Performance Technologies. Alborn said that Transonic Combustion's technology is a "fundamental improvement" in the efficiency of internal combusion engines. Camarillo-based Transonic Combustion , which is developing high-efficiency fuel injection systems for cars, said Thursday that it has named Brian Ahlborn as President and CEO of the firm. Ahlborn has served at Linmar Corporation, General Motors,
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Wednesday, February 3, 2010
Santa Monica-based Factual , the new data focused startup run by Gil Elbaz , the co-founder of Applied Semantics , which invented Google's AdSense technology, is announcing the investors in the firm this evening. According to Elbaz, the firm has a number of very high profile investors backing the the firm, including Marc Andreessen and Ben Horowitz of Andreessen Horowitz, Bill Gross of Idealab, Danny Rimer of Index Ventures, Esther Dyson, the Founder Collective, Gunderson Dettmer, Lee and June Stein, former MySQL CEO Marten Mickos, Miramar Venture Partners, Demand Media' Richard Rosenblatt,
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Monday, March 8, 2010
Santa Monica-based US Renewables Group , a private equity firm focused on renewable power, biofuels, and clean technology, said this morning it has created a new company, Westerly Wind LLC , to provide capital and expertise to developers of wind power systems. US Renewables Group is managed by Jim McDermott--who, aside from private equity experience and investment banking, was the founder of Stamps.com, Spoke Software, and Archive Inc--and Lee Bailey, formerly a partner with Rustic Canyon Partners. The firm said the new company will be headed by Joe Cofelice, who has previously served as President of Catamount Energy Corporate and CEO of American National Power, Inc.
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Wednesday, March 3, 2010
Altadena-based Perfect Market , which is developing technology to help publishers monetize their long tail content, confirmed today that it has raised $6M in a Series C funding round. The firm said the round was led by Tribune Company, and also included Trinity Ventures, Rustic Canyon Partners, and Idealab. According to Perfect Market, the new funding will go to market and deploy its solutions. Perfect Market said that the Tribune Company has been using its product on a number of its web properties.
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