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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. and Steamboat Ventures.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. I keep meaning to get him drunk to spill the stories.

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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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Rustic Canyon, Steamboat Get Exit At MerchantCircle

socalTECH

Two Southern California venture capital firms have benefited from an acquisition yesterday of Mountain View-based MerchantCircle , an online local business advertising and networking site, by fellow online advertising firm Reply! MerchantCircle's other backers are Scale Venture Partners and IAC. 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. READ MORE>>.