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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. “That worldwide reach is very important,” Grignon said.

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Pluto.TV Takes On Media Aggregation

socalTECH

Los Angeles-based Pluto.TV , a new company led by startup veteran Nick Grouf, said Monday that it has launched a brand new, video platform which will curate streams of video content around music, sports, news, entertainment, and many other areas. READ MORE>>.

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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. 6mm in Series B - Benchmark Capital ( Bob Kagle ); with participation from insiders New Atlantic Ventures and angels Ron Conway and Ed Scott. In my mind, not a typical VC investment. Tiny Speck Online gaming start-up.

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UTA Targets Early Stage Investments With New Hire

socalTECH

The United Talent Agency is ramping up its outreach to early stage, digital media companies, with a new hire from the Los Angeles technology industry. united talent agency hollywood content venture capital investment betterworks docstoc' READ MORE>>.

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DFJ Frontier Names New Venture Partner

socalTECH

Los Angeles-based venture capital investment firm DFJ Frontier is bolstering its ranks, and has snagged an entertainment and media veteran as a new Venture Partner at the company. frontier venture capital partner executive investor media hollywood' READ MORE>>.

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Wave.tv Snags $32M For Sports Media

socalTECH

Los Angeles-based Wave.tv , a sports media company focused on Instagram, Snapchat, Facebook, Youtube, and Tiktok, said this week that it raised $32M in its Series A funding round. The company said the funding will go to expand its portfolio of media brands. The company is led by CEO Brian Verne and President Ishaan Sutaria.

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