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Adhesive Games Gets $18M For Massively Multiplayer Game

socalTECH

Adhesive Games , the Alhambra-based, independent game publishing studio which is part of Meteor Entertainment has just scored a big, $18M funding round from Rustic Canyon Partners , Chinese game publisher KongZhong, and others to help bring its first title to market, Hawken. READ MORE>>.

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Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. invested; Los Angeles had $169.7M, and Orange County $63.1M

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Gaikai Signs Capcom

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Los Angeles-based Gaikai said Tuesday that it has signed an agreement with Capcom Entertainment , to stream Capcom's games online. Gaikai is venture backed by Benchmark Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital. Financial details of the agreement were not disclosed.

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Gaikai Bolsters Exec Lineup

socalTECH

Los Angeles-based cloud-based game streaming service Gaikai has bolstered its executive staff, saying today that it has named Robert Stevenson as Senior Vice President of Interactive Entertainment, and Tim Wilson as Executive Vice President, Strategic Relationships.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. Their purchases are limited to restaurants, bars, retail clothing outlets, travel and entertainment. 7mm in Series B. OpenCandy.

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Intro to the LA Startup Scene

Tech Zulu Event

Article after article points out that Los Angeles is on its way to becoming one of the most robust startup communities in the United States. He also went over the common misconceptions people have, dispelling the belief that Silicon Valley is the only place where you can get access to capital.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Southern California venture capital investments totaled $686.5M invested across 18 deals, followed by Los Angeles, with $224.4M in 29 venture capital deals for Q1. The energy and clean technology sector actually helped boost investments in Los Angeles, as well, with big deals for Torrance-based Amonix , which raised $64.4M