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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma. Size of the investment was not announced.

Equity 145
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RealtyMogul.com Funds Medical Office Building In Florida

socalTECH

Los Angeles-based online real estate investing marketplace RealtyMogul.com said it has helped to finance the acquisition of a multi-tenant, medical office building in Hollywood, Florida. Size of the funding was not announced. The medical office center is 57,815 square feet. RealtyMogul is led by Jilliene Helman. READ MORE>>.

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As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

TechCrunch LA

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. These opportunities are creating an opening for Watertower Ventures in markets far beyond the Hollywood hills.

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LA-based Boulevard raises $27 million for its spa management software

TechCrunch LA

Boulevard , a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. The two spent months pounding the pavement in Los Angeles pretending to be college students doing research on the industry. million in funding.

Software 323
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Jam City Raises $350M, Acquires Ludia For $165M

socalTECH

Los Angeles-based mobile games developer JamCity is continuing its growth, saying on Wednesday that it has raise $350M in new funding, and acquired mobile game studio Ludia. Jam City said the new funding will help it continue its global expansion, and also help further its strategy to build out its portfolio of studios.

Burbank 113
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Moviepilot Gets $7M, Sets Up Shop In Los Angeles

socalTECH

Moviepilot.com , which runs a movie recommendation and discovery website aimed at covering movies before their release, said today that it has raised $7M in a Series B funding, to expand the German firm into the U.S. As part of the funding, Moviepilot is setting up an office in Los Angeles, and has moved its CEO, Tobi Bauckhage, to LA.

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Tongal Hits $1M In Rewards Pool For User Generated Video

socalTECH

Los Angeles-based Tongal , which operates a crowdsourced site for creating commercials, reported today that it has hit $1 million in current projects in its reward pool. The firm recently raised $15M in a private equity funding from Insight Venture Partners. READ MORE>>.

Hollywood 223