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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. READ MORE>>.

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Machinima.com Raises $9M for Entertainment Content

socalTECH

Los Angeles-based Machinima.com , an online entertainment site focused on video gamers, has raised $9M in a investment from Redpoint Ventures, the firm said this week. The firm said the Series B funding round will go towards accelerating further growth at the company. READ MORE>>.

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

socalTECH

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.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. .” Sales, Sony Music Entertainment, in a statement. .

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3BLACKDOT Gets Funding From Legendary Entertainment

socalTECH

Los Angeles-based 3BLACKDOT , which develops mobile entertainment titles, has raised a round of strategic funding from Legendary Entertainment. Size of the funding was not announced. 3BLACKDOT is the developer of mobile game Zombie Killer Squad, among other titles. The company is led by Angelo Pullen.

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Fullscreen Gets Funding For YouTube Network

socalTECH

Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. The round came from The Chernin Group along with Comcast Ventures and WPP. billion monthly views. READ MORE>>.

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Encantos Raises $2M For Family Education, Entertainment Service

socalTECH

Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.

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