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Mighty Oak Entertainment Gets Investment

socalTECH

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., before leaving in 2005 to found Might Oak Entertainment.

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LA's AET Fund Raises $50M For Entertainment Technology Investment

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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.

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JibJab Acquired By Catapult Capital

socalTECH

Los Angeles-based JibJab , which provides animated, personalized greeting cards and other social content, has been acquired by private equity investor Catapult Capital LLC , Catapult Capital announced this morning. The companies said that financing for the deal was provided by Los Angeles-based St. READ MORE>>.

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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.

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Encantos Raises $2M For Family Education, Entertainment Service

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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.

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The Gores Group Buys AMI Entertainment

socalTECH

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>>.

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Global Eagle Entertainment Investment Deal Collapses

socalTECH

Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. refused to approve the transaction.