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Siemer Ventures Backs Japanese Mobile Video Firm

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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>>.

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Disney to Launch New Entertainment Technology Effort, Disney StudioLAB

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Walt Disney Studios and Accenture are in an effort to harness emerging technology in the area of entertainment, with a new effort they are calling Disney StudioLAB , the two said on Tuesday. READ MORE>>.

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Mammoth Media Finds $13M For Mobile Entertainment

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The company, co-founded by CEO Benoit Vatere, and incubated at venture studio Science Inc., 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.

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Accelerator Crazy In Southern California

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In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Specifically targeted at clean techonlogy firms, the group has more of a traditional incubator program, offering up office space for 6-8 companies, along with support, resources, and mentorship.

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io/LA Shuts Down

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Hollywood-based io/LA , the high tech and creative incubator and coworking space, has shut down, the first loss of one of Southern California's new crop of high tech gathering spaces. The loss was first reported by the LA Business Journal. io/LA had only been in the space since April of last year.

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Science Inc. Gets $30M From Hearst

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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 Inc. , Science Inc. Science is also backed by Tomorrow Ventures, Rustic Canyon Partners, and White Star Capital.

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Be Great Partners Boots Up $6M Accelerator Fund

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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. The startup accelerator/incubator is headed by Lin Miao. READ MORE>>.

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