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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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EdgeCast Gets $54M For Content Delivery Efforts

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Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. 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. Gendai is one of the firms in the LaunchpadLA effort, headed by Suster.

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EdgeCast Networks Raises $10M

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Santa Monica-based EdgeCast Networks , a content delivery network (CDN) provider, is announcing today that it has raised $10M in a Series C funding round. EdgeCast said the round was led by Menlo Ventures, and also includes an investment from Steamboat Ventures, a prior investor in the company. READ MORE>>.

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Passenger Gains $7.5M More

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Los Angeles-based Passenger , a developer of private social networking sites for brands, said today that it has raised an additional $7.5M in an investment. The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm.

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Steamboat Boosts Video Advertising Firm

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Burbank-based venture capital firm Steamboat Ventures , which is affiliated with the Walt Disney Company, has led a new investment in a Bay area video advertising and monetization firm, FreeWheel. According to FreeWheel, Steamboat led a $16.8M Steamboat's investment was led by Dan Beldy.

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Sometrics Raises Series B

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Los Angeles-based Sometrics , which develops analytics software for gaming applications, said Friday morning that it has raised a Series B round of financing. Amount of the funding was not released, however, reports put the amount at $4M. Beau Laskey of Steamboat has joined the firm's board with the funding.