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Pod Network Picks Up $5M For Social Media App

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Manhattan Beach-based Pod Network , which says it is developing a mobile, social media network which connects users based on their physical location, plus professional and personal interests, has raised $5M in a seed funding. The company said the round was led by PACA Ventures and Anthony Misitano, founder of Post Acute Medical.

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Worth Network Aims At Instagram Marketing

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Los Angeles-based Worth Network, a new software startup, is aiming to help marketers reach more consumers via organic Instagram posts, the company said today. The company says it has built software that identifies a brand's best customers on social media and converts them to marketers by paying them to post organic Instagram stories.

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OWNZONES Media Network Names Chief Security Officer

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Beverly Hills-based OWNZONES Media Network , a technology and entertainment company which provides products for the motion picture, television and digital content creation industries, says it has named Rob Hopps as Chief Security Officer (CSO), and Senior Vice President, Platform Operations.

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Rant Media Network Raises $4M

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Irvine-based Rant Media Network , an online media publisher which publishes a sports, men''s, and fashion publications under the Rant name, has raised $4M in a funding round. The company said the funding was led by Barry Honig, Craig Dubow (Gannett), and Southpaw Asset Management, as well as Hudson Bay Capital and Roth Capital.

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The Action Network Finds $17.5M For Sports Betting Media

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Los Angeles-based The Action Network , a sports media company which provides content, tools, and analytics for sports betting fans, has raised $17.5M in a Series B funding round, the company said on Thursday. The Action Network offers up sports betting data, content, and analytics, and is led by CEO Patrick Keane.

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IntelliMedia Networks Acquires GlobalMLX

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Los Angeles-based streaming media distribution and immersive training technology provider IntelliMedia Networks has acquired Canadian company GlobalMLX , the companies said this week. IntelliMedia Networks said the acquisition will help it extend its cloud-based training platform. READ MORE>>.

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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

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Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. YuuZoo apparently was bidding against Lenovo and Legend Holdings for Relativity Media.