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Steamboat Invests in Chinese Web Analytics Firm

socalTECH

Los Angeles-based Steamboat Ventures , the venture capital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. READ MORE>>.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

It’s true that the carrier then gets their huge slice for being the billing and payment engine but the idea is that you as a website more than make up for this in terms of customer conversion. 11.2mm in Series A, rumored pre-money of $35mm; $1.6mm angel raised in Jan 2010. Read more: TechCrunch. ShoeDazzle.

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Gendai Games Raises Funding

socalTECH

Los Angeles- and Austin-based Gendai Games , a publisher of iPhone game development software, has raised a round of funding, according to the firm. The round was led by DFJ Mercury, and also included investments from Steamboat Ventures, DFJ Frontier, and ff Asset Management. READ MORE>>.

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Passenger Expands Board

socalTECH

Los Angeles-based Passenger , which operates online communities for major brands, said today that it has named Jaynie Miller Studenmund to the firm's board of directors. Studenmund is an advisor focused on startups, rapid growth, turnaround, and merger and acquisition, and was previously Chief Operating Officer at Overture.

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Join Us At Variety 2012 Venture Capital & New Media Summit

Tech Zulu Event

TechZulu is proud to announce that we are a sponsor of the Variety 2012 Venture Capital & New Media Summit and will be there in full force bringing you all the action. Variety is pleased to announce the return of its Venture Capital and New Media Summit on June 27 at the Sofitel Hotel in Los Angeles.

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Venture Conference Highlights SoCal Startups

socalTECH

Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference. socalTECH was a media sponsor of the conference). READ MORE>>

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SoCal Venture Deals Up In Q2

socalTECH

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). in 91 investments, up significantly from the $451.8M Nationally, venture deals in the U.S.