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Adhesive Games Gets $18M For Massively Multiplayer Game

socalTECH

Adhesive Games , the Alhambra-based, independent game publishing studio which is part of Meteor Entertainment has just scored a big, $18M funding round from Rustic Canyon Partners , Chinese game publisher KongZhong, and others to help bring its first title to market, Hawken. READ MORE>>.

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Gaikai Bolsters Exec Lineup

socalTECH

Los Angeles-based cloud-based game streaming service Gaikai has bolstered its executive staff, saying today that it has named Robert Stevenson as Senior Vice President of Interactive Entertainment, and Tim Wilson as Executive Vice President, Strategic Relationships. READ MORE>>.

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Gaikai Signs Capcom

socalTECH

Los Angeles-based Gaikai said Tuesday that it has signed an agreement with Capcom Entertainment , to stream Capcom's games online. Gaikai is venture backed by Benchmark Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital. Financial details of the agreement were not disclosed.

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

invested; Los Angeles had $169.7M, and Orange County $63.1M Media and Entertainment came in second, with $70.1M--but only because San Diego's SkinIt boosted totals by $60M. Tags: venture capital southern california angeles orange county diego moneytree nvca. billion invested in the region. in investments. in funding.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

invested across 18 deals, followed by Los Angeles, with $224.4M The energy and clean technology sector actually helped boost investments in Los Angeles, as well, with big deals for Torrance-based Amonix , which raised $64.4M Media and Entertainment was at $55.5M Nationally, Q4 of 2009 brought in $5.2 across 31 days.

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LA Mayoral Candidate Eric Garcetti to Keynote Inaugural Silicon Beach Fest

Tech Zulu Event

LA City Council Member Eric Garcetti will give the opening keynote for the inaugural Silicon Beach Fest , a celebration of digital innovators in startups and entertainment happening June 21 – 23. The moniker Silicon Beach refers to the technology scene in Los Angeles concentrated around the areas of Santa Monica and Venice.

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Thanks to socalTECH's Sponsors!

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Rustic Canyon Partners (www.rusticcanyon.com). Los Angeles-based executive search for emerging growth companies. tech, new media, entertainment and consumer industries. Startups Made Simple. An on-line community for entrepreneurs. Murano Software (www.muranosoft.com). Your Software Development Partner.

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