Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice.
New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the city is Bonfire Ventures, which just closed a $60 million vehicle for new investment.
Jim Andelman
Bonfire may be a new flag, but the founding partners at the firm have... ... Read the entire article at the source link...
http://codango.com/bonfire-ventures-closes-60-million-to-invest-in-socal-b2b-startups/
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