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TubeMogul Adds To Funding For Video Advertising

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Online video advertising firm TubeMogul , which has operations in Los Angeles, said today that it has raised $10M in the second tranche of its Series C funding. According to TubeMogul, the funding was led by SingTel Innov8, and also included Cross Creek Capital, Digital Advertising Consortium, Foundation Capital and Trinity Ventures.

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Poptent Confirms $3M Funding

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San Clemente-based Poptent , an online site for crowdsourced video content for advertisers, has raised $3M in a Series A investment round, it new investor has confirmed. As part of the funding, MK Capital said Poptent has hired Andy Jedynak as CEO. The funding had been originally been uncovered yesterday by socalTECH.

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Netflix To Raise $1.5 Billion For Content Acquisition

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billion in debt to fund content acquisition, production and development, potential acquisitions and strategic transactions, and other efforts, the company said this morning. The new funding will undoubtedly impact the Los Angeles region, where Netflix has based most of its content efforts. READ MORE>>.

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Tongal Hits $1M In Rewards Pool For User Generated Video

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Tongal''s online site lets users contribute to develop creative ideas for different advertising projects, starting with the idea itself, to a storyboard, and eventually a full blown commercial video. The firm recently raised $15M in a private equity funding from Insight Venture Partners. READ MORE>>.

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Machinima Lays Off 42

socalTECH

The deal apparently comes ahead of a $18M funding round expected from Warner Bros. Machinima--and other MCNs--have been publicly unhappy with the slim cut of the advertising pie that actually make it back to the content creators from YouTube. machinima youtube network content hollywood google layoff jobs employment' READ MORE>>.

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PlaceVine Scores Seed Funding

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Los Angeles- and New York-based PlaceVine , which operates a web-based service to connect brands and agencies to product placement opportunities in film, television, and new media, said Wednesday that it has scored a round of seed financing from a New York-based angel fund, NYCSeed. Amount of the investment was not disclosed. READ MORE>>.

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Tongal To Crowdsource Feature Film

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The company''s platform has been used to create many advertising campaigns, including those in the Super Bowl. tongal content hollywood crowdsourcing feature film video filmmaker documentary' READ MORE>>.

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