News
“The Southern California, or SoCal, tech scene is on fire. To show just how active the LA area is with new startups and incubators, Neal Hansch, partner at Rustic Canyon Partners, gave a mini State of the Union presentation of what’s happening across the tech startup scene.” Neal hansch from Vator http://vator.tv/news/2012-09-04-state-of-the-union-socals-startup-ecosystem
Why Los Angeles Is Emerging As The Next Silicon Valley Bruce Upbin, Forbes Staff Written by Nate Redmond, managing partner of Rustic Canyon Partners, an early-stage venture firm with offices in Los Angeles and San Francisco. Ask an entrepreneur or venture capitalist to name the center of technology entrepreneurship and they’d probably all say the [...]
Y Combinator alumni and line-hating mobile purchasing startup PayDragon is announcing a $1.35 million seed financing today. The round included Rustic Canyon Ventures, Ron Conway’s SV Angel, Yuri Milner, and Mark Schwartz. PayDragon is based on the premise that waiting in line to purchase items is neither good for the customer or the merchant. Rather, [...]
Editor’s note: Nate Redmond is the Managing Partner of Rustic Canyon Partners. The firm was an early investor in cloud-based gaming platform Gaikai, leading its second round and participating alongside NEA and Benchmark in a subsequent one. Sony’s announcement this week to buy Gaikai for $380 million shines a light on the startup ecosystem in [...]
Cox Target Media Creates Powerful Savings Union with Its Savings.com and Valpak Brands LARGO, Fla., Jun 21, 2012 (BUSINESS WIRE) — Cox Target Media has completed its acquisition of Savings.com, including its sister site, London-based Savoo.co.uk, as a wholly owned subsidiary. Savings.com joins Valpak as a Cox Target Media company. Savings.com is a leading online [...]
A new app called PayDragon hopes to make it easier for small businesses to accept orders from users, without consumers having to wait in line to order. It combines an ultra-easy ordering system on the front end, with one-click purchasing for consumers and a workflow management interface for businesses so they can see what has [...]
Docstoc founder Jason Nazar wants to make it easier for anyone to start a business, any kind of business anywhere in the U.S. And to support those ambitions, he’s launched a new venture, called License123.com, which is focused on making all the licenses and permits one needs to start up and maintain a company easy [...]
Rustic Canyon was the Series A investor in Leads360 in 2007. Since then, the company has grown impressively and we are pleased to welcome Volition Capital as the new Series B lead investor. TechCrunch article
SAN FRANCISCO–(BUSINESS WIRE)–UrbanSitter, an online service for parents and sitters to connect through people they know, has secured $1.75 million in seed funding. Led by First Round Capital, with participation from Rustic Canyon Partners, Menlo Ventures and several angel investors, the funds will further UrbanSitter’s mission to make booking a trusted sitter as easy as [...]
Dec. 14 (Bloomberg) — Nate Redmond, Managing Partner at Rustic Canyon Partners, talks about the so-called “Silicon Beach,” and the outlook for the Los Angeles technology industry. Redmond speaks with Jon Erlichman on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg
