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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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Gendai Games Raises Funding

socalTECH

Los Angeles- and Austin-based Gendai Games , a publisher of iPhone game development software, has raised a round of funding, according to the firm. Amount of the funding was not disclosed, however the firm said the funding was somewhere over $1M. Gendai is one of the firms in the LaunchpadLA effort, headed by Suster.

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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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EdgeCast Networks Raises $10M

socalTECH

Santa Monica-based EdgeCast Networks , a content delivery network (CDN) provider, is announcing today that it has raised $10M in a Series C funding round. EdgeCast said the round was led by Menlo Ventures, and also includes an investment from Steamboat Ventures, a prior investor in the company. READ MORE>>.

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Passenger Gains $7.5M More

socalTECH

The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm. AS part of the funding, the firm said that Nour-Omid has been named CEO of the firm, and that Steve Howe has become Chairman of the company. in an investment. READ MORE>>.

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Sometrics Raises Series B

socalTECH

Amount of the funding was not released, however, reports put the amount at $4M. The investment was led by Steamboat Ventures, and also included prior investors Mail Room Fund and Greycroft Partners. Beau Laskey of Steamboat has joined the firm's board with the funding. READ MORE>>.

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

socalTECH

What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? We have 35 POPs all over the world, in every major market, and we have more than 6,000 customers today. We caught on with the right product, at the right time.

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