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My Damn Channel Raises $4.4M

socalTECH

funding round today. The new funding was led by Intuitive Venture Partners, and also included prior investors Okapi Venture Capital and Sunshine Wireless Company. The firm last raised funding way back in 2007. Tags: mydamnchannel damn channel venture capital content video online professional hollywood. READ MORE>>.

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60Frames Shuts Down

socalTECH

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. READ MORE>>.

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Sophoi Acquired By Oracle

socalTECH

Sophoi was backed by Oracle which had funded the firm to the tune of $17.5M Tags: sophoi oracle merger acquisition software content hollywood intellectual property. Oracle said it expects that Sophio's management and employees are expected to become part of its Communications Global Business Unit.

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Geni Connects With Facebook

socalTECH

Hollywood-based Geni , the venture-backed firm which has developed an online, Web 2.0-style According to Geni's Facebook page, the firm has been working on connecting the two services since November of 2007. Geni is venture backed by Charles River Ventures and the Founders Fund, and is headed by ex-Paypal co-founder David Sacks.

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Spotting, Nurturing and Mentoring Talent – The Power of Troy Carter

Both Sides of the Table

And more recently he has turned that into a fund called CrossCulture VC such that many in Silicon Valley and beyond now know Troy as well. The history of tech will always tell you there was a defining moment for companies (like Twitter at SXSW in 2007) but the reality is often more nuanced. Same with Gaga.

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Interview with Eric Golden, Equipois

socalTECH

Eric Golden, the firm's President and CEO, told us more about the company and its technology, and its fascinating beginnings from Hollywood's Steadicam. We understand the firm is venture funded? in 2007, then we did a Series B round of about $3.5M, led by a venture firm, Terrapin Partners. Tell us about your technology?

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

That would mean that the increased number of new business startups will lead to a “funding gap&# of deals that can’t get financed. I saw VCs doing crazy things in 2007-08 when I first entered the VC market – crazy prices, limited due diligence, large funding rounds. I avoided much of this.

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