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Diversis Capital Raises $675M Fund

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Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

Capital 113
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Moonshots Capital Announced First Seed Stage Fund

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Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

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YouTube Creates New $100M Fund For Children's Content Creators

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In a move that may have a huge impact on the content creation business in Los Angeles, YouTube said on Wednesday that it has created a new, $100M fund, which it will disburse over the next three years, which will go towards the creation of "thoughtful, original" children's content for YouTube and YouTube Kids.

Content 100
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Why Meg Whitman is Betting on Quibi as“The Da Vinci Code of Content”

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Sometimes that’s venture capital generally (like last year’s conversation with Reid Hoffman ) and sometimes it’s in a space where I’ve invested (like mobility and city innovation with Bird’s Travis VanderZanden , one of our portfolio founders.) Between the heavy hitters at the helm, the more than $1.4B

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Vrse Finds Funding For Virtual Reality Content

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Los Angeles-based Vrse , a new virtual reality content company, said Thursday that it has raised a round of funding, and appointed Drew Larner as Chief Operating Officer. Drew Larner is the former CEO of Rdio, and remains Vice-Chairman at Rdio; he also was at Europlay Capital Advisors. READ MORE>>.

Content 100
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MACRO Gets Funding For Muticultural Content

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Los Angeles-based MACRO , which says it is developing content for the African American, Latino, and multicultural market, says it has raised a initial round of funding. The funding was led by Emerson Collective, and also included MNM Creative, MediaLink, and angels Raymond J. Size of the investment round was not announced.

Content 100
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OpenGate Capital Buys CoreMedia AG

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Los Angeles-based private equity investor OpenGate Capital announced very late Monday evening that it has acquired the majority interest in CoreMedia AG , a developer of content management software. According to OpenGate Capital, it acquired CoreMedia AG from Deutsche Telekom Capital Partners and a consortium of private investors.

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