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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

Hollywood 254
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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. Especially when he’s surrounded by Danny Rimer (who funded Skype, MySQL, Last.FM PLUS RELATED FUNDING …. There is a lot of interest in radio these days and another high profile deal in this sector is TargetSpot funded by USV.

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Frame.io Sets Up Shop In LA, After $50M Funding

socalTECH

Frame.io , which develops a video review and collaboration product used for content management, has raised $50M in a funding, and plans to set up an office in Los Angeles, the company said today. The company's founders have a background in post production. READ MORE>>.

Funding 113
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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.

Funding 230
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Quarterly Ups Funding To $2.2M

socalTECH

Hollywood-based gift delivery firm Quarterly has raised its funding up to $2.2M, according to a regulatory filing by the company. funding round. Quarterly has previously announced funding from True Ventures, SV Angel, Initialized Capital, and Collaborative Fund. out of an ongoing $2.5M

Funding 153
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Getting Your Head in the Game for Fund Raising

Both Sides of the Table

Fund raising is hard for everybody. The perverse nature of raising capital is that “no’s” almost always precede “yeses” because it’s very easy for a VC to tell you that you’re not a good fit without doing any real work to evaluate your company so you hear “no” far before others start doing more work.

Funding 238