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Steamboat Invests in Chinese Web Analytics Firm

socalTECH

Los Angeles-based Steamboat Ventures , the venture capital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. READ MORE>>.

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GameSalad Improves Support Tools

socalTECH

Los Angeles-based and Austin-based GameSalad , which develops software to easily create iPhone and other iOS platform games, announced earlier this week that it has improved its overall communications and support tools for its users. GameSalad also has improved its contact forms and customer support and bug handling. READ MORE>>.

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Passenger Gains $7.5M More

socalTECH

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

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Passenger Self-Service Community Software

socalTECH

Los Angeles-based Passenger , a developer of software used by brands to run online communities for their customers, announced today that it has released a new version of its platform. The firm is backed by Shelter Capital Partners, StarVest Partners and Steamboat Ventures. READ MORE>>.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Here’s why that is important: when users are on your website you want to convert them to become paying customers. It’s true that the carrier then gets their huge slice for being the billing and payment engine but the idea is that you as a website more than make up for this in terms of customer conversion.

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Passenger Wins Microsoft

socalTECH

Los Angeles-based Passenger , which develops private, online communities for brands to help them gain insight into their customers, said today that Microsoft Corp. Passenger provides brands with online customer input sites, and its clients also include such firms as JC Penney, Coca-Cola, Mercedes-Benz, and Fox. READ MORE>>.