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Riot Games Commits $10M To Minority Owned Game Studio Investments

socalTECH

Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund. READ MORE>>.

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MarketShare Partners Gets Investment From Elevation

socalTECH

Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. Financial terms of the funding were not disclosed. According to MarketShare Partners, Elevation made a minority equity investment in the firm.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. “ 2020 was a blowout year… People needed an interactive streaming platform that they could spin up quickly that they could launch on their website.”

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FabFitFun raises $80 million for its growing lifestyle brand

TechCrunch LA

Nine years after launching its online magazine, and three years after diversifying into the subscription box business , FabFitFun has raised $80 million in a growth round of funding led by Kleiner Perkins with participation from its previous investors Upfront Ventures and NEA. .

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

I’ve got guys getting funded at 23! If you’re not confident enough to get funded now, you’re never going to be funded. ” And at least I’ll draw the line at that point, and if it ever gets too close, I can always go back and work at Electronic Arts. [00:24:26] Just forget it.”

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