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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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EdgeCast Gets $54M For Content Delivery Efforts

socalTECH

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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EMN8 Raises $14.4M

socalTECH

in a funding round, according to a regulatory filing by the firm this week. The funding has not been announced by the company. Bass Associates, and Fort Washington Capital. According to the filing, representatives from RMT Family Partners and Allegis Capital are now on its board. EMN8 is backed by GRP Partners, Sid R.

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Steamboat Invests In Celebrity Site

socalTECH

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. The investment will be used for product development initiatives.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

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