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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Media and Entertainment was at $55.5M in investments, IT services--which includes many online advertising firms--was at $35.15M in investments. Other major areas of investment were Medical Devices and Equipment, with $131.46M in investments and Biotechnology, with $77.6M.

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Looking At LA's Technology Future with Derek Norton

socalTECH

We also put together the Series B with Redpoint for Machinima. It's like New York, which because of all the advertising folks who have spun out of the companies and agencies there where the economy tanked, and have started creating innovative companies. That's a byproduct of the entertainment industry.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

We also talked about the emergence of New York City as the “hot” new area of entrepreneurship, VC and innovation driven by the quantification of the online advertising industry. Interesting that Booyah is led by a former game producer, Keith Lee, who formerly launched very large products for Blizzard Entertainment. Go Boulder!