Follow the Money.

                             Follow the Money
                     A ROUNDUP OF RECENTLOCAL FUNDINGS
Recipient                        Web           Amount       Type of Funding
Address                        Address      (in millions)        Round
City/Zip
TL Ventures                 tlventures.com      $685      limited partnership
3110 Main St.                                                     NA
Santa Monica 90405
Lynx Photonic Networks        lynxpn.com         30             venture
21530 Oxnard St.                                                mezzanine
Woodland Hills 91367
Sierra Distributing LLC          none             7              debt
16738 Stagg St.                                                   NA
Van Nuys 91406
LowerMyBills.com           lowermybills.com       7             venture
4144 N. Lankershim Blvd.                                        second
North Hollywood 91602
Pictage                      pictage.com         1.2             angel
2447 Pacific Coast Highway                                     series A
Hermosa Beach 90254
Recipient                  Closing              Anticipated Use
Address                     Date
City/Zip
TL Ventures                Dec.31   early-stage venture capital investments
3110 Main St.                        in information technology, communica-
Santa Monica 90405                          tions and life sciences
Lynx Photonic Networks     Jan. 12   funding R&D subsidiary, Lynx Photonic
21530 Oxnard St.                   Network LTD, in Israel, launch first com-
Woodland Hills 91367                 mercial product, fund U.S. operations
Sierra Distributing LLC    Dec. 15       debt restructuring/refinance
16738 Stagg St.
Van Nuys 91406
LowerMyBills.com           Dec. 15    expand product & customer services
4144 N. Lankershim Blvd.
North Hollywood 91602
Pictage                    Jan. 19      product development & national
2447 Pacific Coast Highway                         expansion
Hermosa Beach 90254
Recipient                        Funding Source(s)
Address
City/Zip
TL Ventures                CalPERS, Pennsylvania Employee
3110 Main St.              Retirement System, JP Morgan,
Santa Monica 90405         BancBoston, Atofina Chemicals
Lynx Photonic Networks       Van Wagoner Capital Mgmt.,
21530 Oxnard St.            Infineon, ADC (formerly ADC
Woodland Hills 91367         Telecommunications), Enron
Sierra Distributing LLC     Valley Ecomomic Development
16738 Stagg St.               Center, TELACU & US Bank
Van Nuys 91406
LowerMyBills.com             St. Paul Venture Capital,
4144 N. Lankershim Blvd.     eCompanies Venture Group,
North Hollywood 91602        David Bohnett, Bill Harris
Pictage                       Tech. Coast Angels with
2447 Pacific Coast Highway participation from individual
Hermosa Beach 90254                  investors
Recipient                           Recipient's
Address                                 Core
City/Zip                              Business
TL Ventures                     venture capital firm
3110 Main St.
Santa Monica 90405
Lynx Photonic Networks     developer of optical switching
21530 Oxnard St.                     technology
Woodland Hills 91367
Sierra Distributing LLC         beverage distributor
16738 Stagg St.
Van Nuys 91406
LowerMyBills.com           online service for reseraching
4144 N. Lankershim Blvd.      and comparing recurring
North Hollywood 91602              monthly bills
Pictage                     Internet-based tool set for
2447 Pacific Coast Highway   professional photographers
Hermosa Beach 90254
Source: Business JournalResearch
NA - Not applicable