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Amazon's Bezos Spends $165M For Beverly Hills Mansion

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In the latest move by a tech billionaire into the neighborhood, Jeff Bezos , the founder of Amazon , has paid a record $165M for a mansion in Beverly Hills. The mansion had previously been owned by David Geffen, who had owned the property since 1990. READ MORE>>.

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Dubset Gets Strategic Investment From Rhapsody

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Dubset Media Holdings , a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in Beverly Hills--has scored a strategic round of funding from Rhapsody International. Size of the funding was not announced. READ MORE>>.

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United Talent Agency Backs ART19 For Podcast Technology

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The United Talent Agency is one of the investors today in ART19 , a San Francisco-based startup developing a podcast hosting platform and technology. in a Series A funding, which was led by Bertelsmann Digital Media Investments (BDMI) and DCM Ventures, and also included the United Talent Agency, Gallo Digital, Zach Coelius and Array Ventures.

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Kairos Venture Partners Raising New, $250M Fund

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Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. according to a regulatory filing by the firm. According to the filing, the fund has yet to make its first sale in the new fund.

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Kairos Ventures Raises $24.6M In First Close Of New Fund

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Beverly Hills-based Kairos Ventures , a venture capital investment firm which focuses on commercialization of scientific advances, has raised $24.6M Kairos Ventures has not yet detailed any information on the new fund, as is usual for venture investment firms still in the midst of fundraising efforts. READ MORE>>.

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LiveStream Acquired By Vimeo

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Beverly Hills-based Livestream , a provider of online live video broadcasting tools, has been acquired by online video service Vimeo , Vimeo announced on Tuesday. in total investment, and ites investors have included Gannett Co. in total investment, and ites investors have included Gannett Co. Vimeo is owned by IAC.

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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

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Clarity Partners, based in Beverly Hills, invests in communications, media, and related technology companies. The company's investments have included such companies as CaseStack, Oxygen Media, MetroPCS, ImpreMedia, and many others. Paul Getty Trust board since 2009.