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In the latest move by a tech billionaire into the neighborhood, Jeff Bezos , the founder of Amazon , has paid a record $165M for a mansion in BeverlyHills. The mansion had previously been owned by David Geffen, who had owned the property since 1990. READ MORE>>.
Dubset Media Holdings , a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in BeverlyHills--has scored a strategic round of funding from Rhapsody International. Dubset is led by Bob Barbiere, and has offices in New York, London, and BeverlyHills.
BeverlyHills-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>>.
BeverlyHills-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. Size of the funding was not disclosed.
BeverlyHills-based Launch House, which hosts month-long, live-in startup programs in Los Angeles and elsewhere, is looking to raised $10M in a new venture capital fund, according to a regulatory filing from the company. The filing said the company is raising $10M to invests in startups.
BeverlyHills-based real estate crowdfunding site Realty Mogul disclosed this morning that it has inked a $73M funding commitment with company Direct Lending Investments. Realty Mogul operates an online crowdfunding site, which lets people invest in real estate projects aroudn the U.S. READ MORE>>.
BeverlyHills-based Realty Mogul , a startup which operates an online marketplace for pooling together investor funds to buy investment property, has raised $9M in a Series A funding, the company said this week. realtymogul realty mogul crowdfunding investment marketplace venture capital real estate realestate'
BeverlyHills-based Snowball Factory , the startup behind awe.sm , the url shortener and analytics service, tweetpo.st , which updates Facebook from Twitter, and other tools, has raised $500,000 more, according to a recent regulatory filing by the firm. The filing indicates the funding is part of an ongoing $1.0M READ MORE>>.
BeverlyHills-based Livestream , a provider of online live video broadcasting tools, has been acquired by online video service Vimeo , Vimeo announced on Tuesday. in total investment, and ites investors have included Gannett Co. Financial terms of the acquisition were not announced. Vimeo is owned by IAC. and others.
BeverlyHills-based Henislie , a new joint venture created by BioAccel and Imprimatur Capital , said today that it is in the midst of raising approximately $50M to seed investment in companies in the life science, information technology, telecommunications and clean energy production.
BeverlyHills-based Baroda Ventures , the venture capital firm of GeoCities founder David Bohnett , has invested in gay social networking site Fabulis. Baroda Ventures Partner Peter Lee confirmed the investment in the New York company, which was worth $250,000. The deal was first reported by VentureBeat. billion to Yahoo.
BeverlyHills-based Meteor Games , the developer of Facebook games headed by Zac Brandenberg, announced today that it has named Michael Walrath to its board of directors. WGI is an investor in Meteor Games, and made an investment in the firm earlier this year. Walrath also co-founded documentary film firm Atlas Films.
The IPO is the second successful, Southern California IPO in as many weeks, with BeverlyHills-based RealD also getting a similarly robust reception last Friday at its own IPO. The firm had debuted on the market Thursday morning at $36.00 per share, above initial estimates of $32.00 The firm is now listed at GDOT on the NYSE.
BeverlyHills-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. the New York Yankees, the St.
BeverlyHills-based Hydra Network , an online performance-based ad network, has been restructured in a deal where an investor group, Hydra Group led by Hydra founder and CEO, Zac Bradenberg, is purchasing the assets of Hydra LLC , the original owner of the ad network. Financial details of the acquisition were not disclosed.
which has substantial operations in Westlake Village, BeverlyHills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.
BeverlyHills-based Baroda Ventures , an early stage venture capital fund, has hired on Peter Lee as a new Partner at the firm. Baroda Ventures is the venture capital firm run by Geocities founder David Bohnett; the firm's investments have included LowerMyBills, Stamps.com, UnitedOnline, XDrive, and MediaVast.
in a Series A funding, which was led by Bertelsmann Digital Media Investments (BDMI) and DCM Ventures, and also included the United Talent Agency, Gallo Digital, Zach Coelius and Array Ventures. The United Talent Agency is based in BeverlyHills. ART19 said today that it has raised $7.5M READ MORE>>.
BeverlyHills-based Kairos Ventures , a venture capital investment firm which focuses on commercialization of scientific advances, has raised $24.6M Kairos Ventures has not yet detailed any information on the new fund, as is usual for venture investment firms still in the midst of fundraising efforts.
BeverlyHills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. according to a regulatory filing by the firm. According to the filing, the fund has yet to make its first sale in the new fund.
The company looks to have set up its BeverlyHills offices and took a big funding from Goldman Sachs in August. eKomi is led by Michael Ambros, and says it is headquartered in Berlin and Los Angeles with additional offices in London, Paris, and Madrid. READ MORE>>.
Clarity Partners, based in BeverlyHills, invests in communications, media, and related technology companies. The company's investments have included such companies as CaseStack, Oxygen Media, MetroPCS, ImpreMedia, and many others. Paul Getty Trust board since 2009.
BeverlyHills-based Kairos Venture Partners , a venture capital investment firm that specifically focuses on commercialization of scientific discoveries, has raised $74.6M Kairos says it makes investments of between $150,000 and $5 Million. The funding was disclosed via a regulatory filing.
BeverlyHills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday.
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. Microsoft's search engine, Bing , is enhancing its searches for an area of interest to lots of Southern California firms--entertainment and media content.
BeverlyHills-based Hydra LLC , an Internet advertising company which has been seeing major growth in the last couple of years, has apparently hit a major snag, as the company has become embroiled in lawsuits associated with the departure of three of the four founding partners at the firm. which controls the company's board.
BeverlyHills-based William Morris Endeavor , the talent agency and sometime investor in technology startups, has seen an exit out of its venture activity this morning, over at Chaotic Moon. William Morris made a strategic investment in Chaotic Moon back in March of 2013. Financial details of the acquisition were not disclosed.
Irvine-based Fisker Automotive , a startup hybrid electric automobile manufacturer which is venture funded by Kleiner Perkins Caufield & Byers, Palo Alto Investors and the Qatar Investment Authority (QIA), said Tuesday that it has signed up a network of dealers to carry the firm's automobiles.
I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers. GRP’s offices are near BeverlyHills. Our lease runs out in 2013. Image courtesy of Philip Bouchard from Flickr.
While disappointed at not being able to meet with the Prime Minister, Erik Bjontegard of Big PlayAR --which is based in BeverlyHills--was still very impressed with the openness of the UK Government. "I
BeverlyHills-based OVGuide.com , an online site focused on video discovery and search, disclosed today that the firm has received $5M in funding from Baroda Ventures LLC, the investment firm of former GeoCities founder David Bohnett. According to OVGuide, the new funding will go towards further developing its search engine.
BeverlyHills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. The two said that YuuZoo will initially buy 33.3
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. The firm also said that other speakers will include Thomas Gewecke of Warner Bros.
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.
If you type in flowers in BeverlyHills, you won''t see any organic results for the big businesses. For example, if it''s 3 pm and you forgot your wife''s birthday, and you want to bring her orchids, you can hop on the site and see who still has orchids today in BeverlyHills. They have to pay for placement. READ MORE>>.
They were a group of really great young guys out of BeverlyHills, who understand how to build a brand, and figured out how to do it very quickly, and manufacture for a very low price. Michael Jones: That's a little different structure, as it was a group that was already up and running.
Last month, BeverlyHills-based Nash Information Services , the firm behind The Numbers --one of the most extensive database of financial information about movies--announced a new service which allows third party software applications and websites to pull information from the firm's database, via OpusData (www.opusdata.com).
Our first investment in the new fund was a $12 million investment in BeverlyHills based MediaPlatform. It is easy to invest capital, but very, very hard to exit, so don't. TVC is currently investing their third fund and has over $235 million under management. be the pig and don't get greedy. READ MORE>>.
We now have two loactions in San Diego, one location in Newport Beach, and one in Rodeo Drive, in BeverlyHills. The retention rates were low, which mean they could not invest in marketing like we can. Spas have to purchase nw equipment frequently, and $30,000 to $50,000 is a massive investment.
.” 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.
However, being that I started a tutoring agency when I was 18, BeverlyHills Academics, I was able to understand the logistics on how to operate hyper-locally from the beginning, so HeyTutor could spend money on developing a platform where we knew exactly what we were doing. The second thing, is tools. That's the Visa round.
Stacy Stubblefield: We actually started out of an incubator, based out of BeverlyHills. Did you take investment initially? Fundraising was something we just weren't investing in. How did the company start? You would not have heard of it, because it was very small. They were actually part of the company for several years.
The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Ostendo Technologies, a Carlsbad, CA-based company founded in 2005 to advance curved screens and other innovative display technologies, has raised $41.8 million of a new financing round intended to bring in $62.8
Nate is a neurotic, recently laid-off investment banker. A half-hour dramedy centering around two publicists - the sexy and savvy Karen James, a failed actress/writer from the Midwest, and Brett Sloan, the silver-tongued jaded trust fund kid from BeverlyHills. Best Writing: “Odd Jobs” Jeremy Redleaf.
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