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William Morris Invests in Mobile Development Firm

socalTECH

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. Financial terms of the investment were not disclosed. The firm as backed a mobile application development company, Chaotic Moon Studios , as part of a strategic partnership. READ MORE>>.

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Bing Focuses On Entertainment With New Features

socalTECH

Microsoft's search engine, Bing , is enhancing its searches for an area of interest to lots of Southern California firms--entertainment and media content. The search engine said one of the biggest investments is in entertainment, particularly navigating and finding what you are looking for from content on the web.

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Catch Media Lands Investment From Motorola

socalTECH

Beverly Hills-based Catch Media , a provider of software used for digital rights management, has scored a strategic funding from Motorola Mobility Ventures , the strategic investment arm of Motorola, the firms said Thursday. Other investors in Catch Media include Ari Emanuel, Co-CEO of WME Entertainment. READ MORE>>.

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Vision Esports Snags $38M From Sports Teams, Invests In 3 Esports Companies

socalTECH

Beverly Hills-based Vision Esports has raised $38M in a funding round, and said it invested in 3 Esports companies--Echo Fox, Twin Galaxies and Vision Entertainment. Vision Esports says it will specifically target and invest in complementary companies spanning the entire esports ecosystem.

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Zirx Aims At LA's Parking Problem, After Funding From BMW

socalTECH

The announcement of the new service came in conjunction with a strategic investment from BMW, from BMW i Ventures. In fact, at least two of ZIRX's initial customers for the on-demand parking--Live Nation and Insomiac--are in the LA area. READ MORE>>.

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Siemer Summit 2015 Announced, Tim Draper To Keynote

socalTECH

The Siemer Summit , the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm. Entertainment, Rick Stollmeyer of MINDBODY, Mahi de Silva of Opera Mediaworks, and Andy Cohen of Citrix Systems.

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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

.” The reason is that at a VC you have a group of partners who often have different focus areas of excellence, each pursues deals in their respective field, each makes investments and sits on boards and each spends their most difficult hours tackling problems at portfolio companies vs. solving the challenges at the VC itself.