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Steamboat Ventures Backs Elemental Technologies

socalTECH

Los Angeles-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. Other investors in the round included General Catalyst and Voyager Capital.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Read more: TechCrunch. Wildfire Interactive.

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Steamboat Invests in Chinese Web Analytics Firm

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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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GoPro Plans IPO, Says Report

socalTECH

The report-- citing sources near to the company --said that GoPro has hired JPMorgan Chase, Citigroup, and Barclays Plc to manage the offering. If true, the IPO will be a big win for former Steamboat VC Beau Laskey, who managed the Steamboat Ventures investment from Los Angeles until recently.

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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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Passenger Gains $7.5M More

socalTECH

Los Angeles-based Passenger , a developer of private social networking sites for brands, said today that it has raised an additional $7.5M The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm. in an investment. READ MORE>>.

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SoCal Venture Deals Up In Q2

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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). Nationally, venture deals in the U.S. Los Angeles saw $407.2M and 80 deals in Q1. totaled $6.5