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Metacloud VC On Cisco Acquisition: "Epic Exit"

socalTECH

According to one of Pasadena-based Metacloud ''s venture capital backers, the acquisition of the cloud services provider by Cisco on Wednesday was an "epic exit". The statement came from Jason Lemkin, a venture capitalist at Storm Ventures. metacloud venture capital merger acquisition cisco cloud private'

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Mighty Oak Entertainment Gets Investment

socalTECH

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., Mighty Oak Entertainment is best known for its "Whacked Out Sports" clips.

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Scopely Gets $60M For Expansion, Acquisitions

socalTECH

The round also included Greenspring Associates, Sands Capital Ventures, Cross Creek Advisors, and Pritzker Group Venture Capital. Revolution Growth is the venture investment firm led by AOL execs Steve Case, Donn Davis, and Ted Leonsis. Scopely is led by Walter Driver.

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Entertainment Deals Take Center Stage In LA’s Burgeoning VC Scene

TechCrunch LA

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.”

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Disney Accelerator Names First Class

socalTECH

Disney is providing $120,000 in investment capital to startups to help them develop their ideas, and also provide mentoring from Disney executives. Disney is providing $120,000 in investment capital to startups to help them develop their ideas, and also provide mentoring from Disney executives. READ MORE>>.

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Disney Accelerator Shows Off First Class Of Startups

socalTECH

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups. in its seed funding round.

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Electric Monster Gobbles Up Funding And A Brand

socalTECH

Los Angeles-based Electric Monster, a new startup which focuses on digital entertainment, said on Thursday that it has raised a "major round" of funding, and acquired React Media. The company said the acquisition is its fifth acquisition to date. Size of the funding was not announced.

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