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Steamboat Ventures Backs Elemental Technologies

socalTECH

Los Angeles-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. According to Elemental, which is based in Portland, Steamboat was a new investor in its $7.5M, Series B funding round.

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Sometrics Names Bizdev VP

socalTECH

Los Angeles-based Sometrics , a developer of analytics tools for online game developers, announced today that it has appointed Steve Schepke as its Vice President of Business Development. Schepke was most recently Agency General Manager for Tsavo Media, and has also previously served at Commission Junction and Proceed Interactive.

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Steamboat Invests In Celebrity Site

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Los Angeles-based Steamboat Ventures has set its sights on the celebrity web space, and is the lead investor in a new round of funding for Fanzter , which operates the celebrity products site Coolspotters.com. According to Connecticut-based Fanzter, Steamboat's Dan Beldy joins the firm's board of directors.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. They were originally founded inside of Times Mirror and had a huge string of major investment success before spinning out as a fully independent fund. Read more: TechCrunch. Marketo competes with MarketBrite and Eloqua.