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Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainmentfund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday.
We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. Andrew was SVP of Mobile at Fox Digital Entertainment which launched the very successful Simpsons online game (curse you for wasting tons of my kids free time!) They also had much experience before that.
Los Angeles-based Dreamscape Immersive , a developer of immersive, virtual reality entertainment experiences, said on yesterday afternoon that it has raised a Series A financing round. Size of the funding round was not announced, however, a regulatory filing indicates around $11.36M was raised in the round.
Los Angeles-based Greentoe.com , which operates an online marketplace which lets people name their own price for electronics and other items, has raised a round of angel funding, the firm said today. The funding came from Parker Thompson from 500 Startups/Dave McClure. Size of the funding was not announced. READ MORE>>.
A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. investment efforts. and ALE Co.,
If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. When Fred Wilson funded Twitter I guarantee you it wasn’t obvious that it was a billion dollar idea. Venture Capital is a tricky industry. Far from it.
Los Angeles-based First Access Entertainment , and entertainment firm which provides music recording management and publishing, film and TV development, and acting and model management, said this morning that it has launched a new investment fund, called The Fund by First Access Entertainment. READ MORE>>.
Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. fullscreen media entertainment youtube network content hollywood venture capital' billion monthly views. READ MORE>>.
Three, Southern California investors--Qualcomm Ventures, Disney, and the United Talent Agency--have backed the developer of a network of "experience centers" focused on virtual reality entertainment, as part of a newly disclosed Series A Funding. READ MORE>>.
Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.
Los Angeles-based private equity investor The Gores Group said on Thursday afternoon that it has acquired AMI Entertainment , a maker of digital jukeboxes and video systems, which are installed in bars, restaurants, and other locations. AMI Entertainment was founded in 1909, as the National Automatic Music Co. READ MORE>>.
Los Angeles-based Mammoth Media , a startup that says it is developing mobile-first media, has raised $13M in a Series A funding round, the company disclosed on Tuesday. said the funding was led by Greylock Partners and also included Science Inc. Greylock's Josh Elman joins the company's board as part of the funding.
Los Angeles-based Be Great Partners , one of the many startup incubators and accelerators now populating Los Angeles, said Tuesday that it has launched a new, $6M investment fund, which it intends to spread across 250 promising startups. READ MORE>>.
Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company said the funds will go towards bolstering its technology and infrastructure. The company says it has more than 40 employees in Culver City.
Playa Del Rey-based gaming studio That's No Moon Entertainment--created by game designers from Sony, Naughty Dog, and Activision--has raised $100M in an investment round, the company said this week. The funding came from Smilegate, a South Korean gaming company knokwn for the title "CROSSFIRE".
Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots. “I see two things happen.
Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.
Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. Norton is head of digital media and technology advisory firm Watertower Group.
As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. .” Sales, Sony Music Entertainment, in a statement. .
said this morning that it has scored funding from a number of high profile investors. Details on the funding and backing of the startup were not anounced. Los Angeles-based TAPP , a new startup co-founded by Jeff Gaspin, the former Chairman of NBC Universal Television, and Jon Klein, former president of CNN/U.S.,
in seed funding in Q1, which was up 2.5 The most active area for LA area seed investments was in media, entertainment, and gaming, with software-as-a-service businesses also bringing in significant seed funding. According to the report from Amplify, 23 LA startups raised a total of $52.9M percent from Q1 of 2017.
The Creative Artists Agency (CAA), the entertainment and sports agency which also is an active investor and partner of technology and media companies here, said this morning that it has received a an investment from Temasek , the $200 billion Singapore investment company.
Los Angeles-based Glytch, a startup which says it is combining location-based entertainment with professional esports arenas, says it has raised a Series A funding round, led by Benevolent Capital. Glytch said that Benevolent Capital, led by Brett Johnson, has acquired the majority of its preferred Series A funding.
and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company.
San Diego-based business intelligence software developer VizExplorer announced this morning that it has raised a round of strategic funding from Morgan Stanley Expansion Capital. Size of the new investment was not announced. Morgan Stanley Expansion Capital is part of Morgan Stanley Investment Management focused on private equity investments.
startups looking to develop consumer entertainment experiences, called the Disney Accelerator. disney startup accelerator walt angeles entertainment consumer funding venture capital' Walt Disney Company said Wednesday that it is launching a new, Los Angeles based startup accelerator, focused on. READ MORE>>.
Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. in its seed funding round. disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' READ MORE>>.
in a Series B funding. The funding was led by WPP Ventures, along with Institutional Venture Partners and Advancit Capital. The company said the funding will go to scale its coverage of news, sports, and entertainment. Woven Digital, which is led by Colin Digiaro, runs such brands as Uproxx, Hitfix, and BroBible.
This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. “I n media and entertainment there are lots of isolated studios around the world.
Hollywood-based The Rogue Initiative , a new virtual reality content and production studio, said it has raised a Series A funding round. The funding came from CBT Capital Limited, a Chinese media fund. The company did not say how much was raised, only that it was a "seven figure" amount.
Los Angeles-based Two Bit Circus , the startup which combines entertainment with education and immersive technology, said it has received a strategic round of funding, which it will use it will open up its very first "micro-amusement park" this fall in downtown Los Angeles. Size of the new funding round was not announced.
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. Adhesive and Meteor are looking to launch Hawken in December.
disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' Disney is providing $120,000 in investment capital to startups to help them develop their ideas, and also provide mentoring from Disney executives. READ MORE>>.
Beverly Hills-based BioBeats , which develops healthcare apps which says it combines entertainment with healthcare, by generating music from your heartbeat, has raised $650,000 in a seed funding round. The company says it is developing mobile apps for the entertainment, consumer health and wellness and clinical medicine areas.
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. The new funding comes from a new unit of HEarst called HEarst VEntures, which is headed by Scott Sassa. Science Inc. ,
Calabasas-based Music Mastermind , the interactive entertainment firm headed by Matt Serletic, has raised $11.3M, as it has inked a deal with mobile games publisher Chillingo to publish a new music creation game called Zya. Music Mastermind said the funding came from Intel Capital and Liberty Global. READ MORE>>.
Song was previously Executive Vice President at Clear Channel Media + Entertainment, and Saperstein is a former Vice President from Machinima. Venture Partners, Shasta Ventures, First Round Capital and Richmond Park Partners; the company recently raised $30M in a funding round. READ MORE>>. zefr brand executive machinima'
Los Angeles-based online ticket marketplace ScoreBig.com said today that it has raised $10M in a new funding round, and hired a new Chief Strategy Officer. ScoreBig.com said the new funding round came from Checketts Partners Investment Fund (CPIF), and is the first close of a Series C round of funding. Venture Partners.
Santa Monica-based venture investor March Capital is one of the lead investors in a new, video game publishing startup called Nifty Games , in a $3M funding round, announced on Tuesday by Nifty Games. He also was founder of Massive In-Game Advertising (acquired by Microsoft in 2006), among other firms.
Los Angeles-based entertainment and sports agency Creative Artists Agency (CAA) has launched itself into the startup business, saying that it has created a new startup studio it calls Creative Labs , according to the company. The new effort is funded by $12.5M
In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. “We were excited to crossover and invest in Scopely.” valuation. .”
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