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Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools

TechCrunch LA

That’s what the Los Angeles-based extended reality technology developer Talespin did — and it just raised $15 million to grow its business. . Cornerstone, which led the Talespin Series B round, will also be partnering with the company to develop human resources training tools in virtual reality. “We

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Los Angeles-based Ficto launches its Quibi competitor — with Niantic as a content partner

TechCrunch LA

The company’s entertainment is designed to be interactive with live-streaming, geo-location, live chat, polling, choice-based narratives, 360 viewing, augmented reality, and click through e-commerce, the company said.

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Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund

TechCrunch LA

Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Marcus has a long background in angel investing and company creation.

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Microsoft Opens Xbox Studio In Los Angeles

socalTECH

Santa Monica has just gotten yet another boost in its bid to become the capital of Silicon Beach, as Microsoft said this week that it is opening up a new, 125-person strong entertainment studio in the city as part of an effort to create interactive content for the Xbox. READ MORE>>.

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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., the company said last week. READ MORE>>.

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Atari Boosts Team in Los Angeles

socalTECH

Atari , the interactive entertainment and licensing firm which owns the rights to the various Atari games developed over the years, said this week that it has bolstered its executive staff in Los Angeles. Atari said the new team will help the team as it develops a strategy for the mobile, social, and online market.

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Los Angeles Becomes YouTube's Content Hub With New Playa Vista Studio

socalTECH

The Los Angeles area is fast becoming the content hub for online video site YouTube , a position that takes advantage of both the LA region's long history in the entertainment business, and the rise of a slew of startups producing content specifically aimed at the YouTube audience. READ MORE>>.