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Steamboat Ventures Backs Elemental Technologies

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Los Angeles-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. According to Elemental, which is based in Portland, Steamboat was a new investor in its $7.5M, Series B funding round.

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Steamboat Invests in Chinese Web Analytics Firm

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Los Angeles-based Steamboat Ventures , the venture capital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. READ MORE>>.

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Gendai Games Raises Funding

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Los Angeles- and Austin-based Gendai Games , a publisher of iPhone game development software, has raised a round of funding, according to the firm. Amount of the funding was not disclosed, however the firm said the funding was somewhere over $1M.

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GameSalad Raises $6M More

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Los Angeles- and Austin-based GameSalad , the iPhone creation software firm, has raised $6M in another round of funding, the firm is announcing today. The round was led by Steamboat Ventures, and also included Greycroft Partners, DFJ Mercury, DFJ Frontier, and ff Asset Management.

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Sometrics Ships Browser Toolbar

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Los Angeles-based Sometrics , the operator of virtual goods marketplace GameCoins.com , announced this morning that it has launched a new, browser add-on which will reward users with virtual currency for browsing and shopping and online retailers. READ MORE>>.

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RazorGator Confirms Funding

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Los Angeles-based RazorGator announced Friday that it has close on $7.5M in a funding round, led by existing investors Kleiner Perkins Caufield & Byers, Oak Investment Partners, and Steamboat Ventures. The funding had been disclosed earlier this week, but not confirmed by the company until today. READ MORE>>.

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Four Firms Hoping To Tap Into Facebook's 500M Users

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Sometrics , Los Angeles - Sometrics, originally founded as a provider of analytics for Facebook apps, is now also powering virtual goods and currency tools for social games on Facebook and other platforms. Backed by Steamboat Ventures, Greycroft Partners, AT&T, and The Mail Room Fund. Headed by Ian Swanson.