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Steamboat Ventures Backs Elemental Technologies

socalTECH

Los Angeles-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. Steamboat's Scott Hilleboe joins Elemental's board as part of the funding.

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Move Networks Raises $3.0M, Sets Up Shop In Irvine

socalTECH

Move Networks , a developer of adaptive streaming technology used to stream high definition television over the Internet, has raised $3.0M in a funding round, part of what appears to be a $20M targeted fundraising effort, and also set up its corporate headquarters in Irvine. and Steamboat Ventures. READ MORE>>.

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Passenger Gains $7.5M More

socalTECH

Los Angeles-based Passenger , a developer of private social networking sites for brands, said today that it has raised an additional $7.5M The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm. in an investment.

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Steamboat Boosts Video Advertising Firm

socalTECH

Burbank-based venture capital firm Steamboat Ventures , which is affiliated with the Walt Disney Company, has led a new investment in a Bay area video advertising and monetization firm, FreeWheel. According to FreeWheel, Steamboat led a $16.8M Steamboat's investment was led by Dan Beldy.