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Disney to Launch New Entertainment Technology Effort, Disney StudioLAB

socalTECH

Walt Disney Studios and Accenture are in an effort to harness emerging technology in the area of entertainment, with a new effort they are calling Disney StudioLAB , the two said on Tuesday. READ MORE>>.

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Mammoth Media Finds $13M For Mobile Entertainment

socalTECH

Los Angeles-based Mammoth Media , a startup that says it is developing mobile-first media, has raised $13M in a Series A funding round, the company disclosed on Tuesday. The company, co-founded by CEO Benoit Vatere, and incubated at venture studio Science Inc., READ MORE>>.

Media 173
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Siemer Ventures Backs Japanese Mobile Video Firm

socalTECH

Santa Monica-based venture capital investor Siemer Ventures is one of the backers of a new, Japanese mobile video entertainment startup, Breaker. According to Breaker, it has raised $2M in a seed funding round, to help bolster its efforts to produce and distribute mobile video entertainment in Japan. READ MORE>>.

Mobile 224
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Be Great Partners Boots Up $6M Accelerator Fund

socalTECH

Los Angeles-based Be Great Partners , one of the many startup incubators and accelerators now populating Los Angeles, said Tuesday that it has launched a new, $6M investment fund, which it intends to spread across 250 promising startups. The startup accelerator/incubator is headed by Lin Miao. READ MORE>>.

Incubator 168
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Petco Names Digital, E-Commerce Head

socalTECH

San Diego-based pet supply retailer Petco has named Darren MacDonald as the company's new Chief Digital and Innovation Officer, according to the company, to head up its e-commerce, app, prescription fulfillment, as well as employer wellness benefits offerings. MacDonald also has served at Avery Dennison. READ MORE>>.

Commerce 113
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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the next wave transforming computing infrastructure — are paying off.

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io/LA Shuts Down

socalTECH

Hollywood-based io/LA , the high tech and creative incubator and coworking space, has shut down, the first loss of one of Southern California's new crop of high tech gathering spaces. A number of companies which were located in io/LA have now moved to coworking space CrossCampus in Santa Monica, according to those companies.