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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 Supports Windows 8 Apps

socalTECH

Los Angeles- and Austin-based GameSalad , which develops software which helps people create iOS, Android, and web games, said Friday that its software now supports Windows 8 application development. GameSalad is venture backed by Steamboat Ventures, Greycroft Partners, DFJ Mercury, DFJ Frontier, and ff Asset Management.

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GameSalad Ships Universal Binaries For iOS

socalTECH

GameSalad , the Los Angeles- and Austin-based developer of software which makes it easy for game developers to develop their own, Apple iOS and web games without coding, has just launched a new, universal binary for ioS. READ MORE>>.

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Venture Conference Highlights SoCal Startups

socalTECH

The "best of show" prize went to Magnify360, which develops software for optimizing content and web sites for specific users. Magnify360 was voted the best investment opportunity by both venture capitalist audience members and panelists. READ MORE>>

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This Week in Venture Capital – Episode 4

Both Sides of the Table

11.2mm in Series A, rumored pre-money of $35mm; $1.6mm angel raised in Jan 2010. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures. Investors: Lightspeed Venture Partners (Jeremy Liew) (lead), with existing investors Polaris Venture Partners, Crosscut Ventures.