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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.

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Kin Lands $12M For Women's Lifestyle Channels

socalTECH

The funding came from Corus Entertainment, Emil Capital, Mayfield Fund, General Catalyst Partners and Rustic Canyon Partners. community kincommunity content media hollywood women channel venture capital corus entertainment' The company is led by Michael Wayne. READ MORE>>.

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Science Inc. Gets $30M From Hearst

socalTECH

the technology startup incubator and studio headed by former MySpace CEO Michael Jones, has raised around $30M in funding from Hearst Ventures , the venture capital arm of Hearst Corporation, Hearst said this morning. Science is also backed by Tomorrow Ventures, Rustic Canyon Partners, and White Star Capital. Science Inc.

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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. READ MORE>>.

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

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. Nationwide, there was $4.8 billion invested in the region.

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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.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. Their purchases are limited to restaurants, bars, retail clothing outlets, travel and entertainment. 7mm in Series B. OpenCandy.