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Pragma is a back-end toolkit for gaming companies, so game developers can focus on games

TechCrunch LA

These days, most of the games developed need to be social, multi-platform and extensible, but there are only a few developers with the expertise to bring those toolsets to the profusion of new games that crop up every year. Games are taking five to 10 years to launch out of beta,” Chen said. . The company raised $4.2

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March Capital Backs Video Game Developer Wavedash Games

socalTECH

Los Angeles-based venture investor March Capital Partners is the lead investor in video game developer Wavedash Games , which announced a $6M Series A funding round on Tuesday morning. The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC.

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Battlefy Finds $1.3M

socalTECH

Battlefy , a startup developing an online platform for managing e-sports tournaments, leagues, and content--which is a graduate of the Amplify LA accelerator--said this week that it has raised $1.3M The company--now based in Vancouver, BC--helps organizers of professional video game tournaments and leagues.

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The Changing Venture Landscape

Both Sides of the Table

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund. Seksom Suriyapa ?—?he

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The Snap IPO Happened. What Next LA?

Both Sides of the Table

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. Snap, Riot Games, Tinder, SpaceX and on and on — these are great things for LA as is every new VC fund launching in LA to create the next big innovation.

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Delane Parnell’s plan to conquer amateur esports

TechCrunch LA

Los Angeles-based PlayVS (pronounced “play versus”) wants to become the dominant platform for amateur esports, starting at the high school level. This is like talking about the NBA and the value of its sponsorships and broadcast rights as if that is the entirety of the basketball market in the US.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002.