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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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Clinton Foy On CrossCut Ventures' New, $125M Fund

socalTECH

Los Angeles-based venture investment firm CrossCut Ventures (www.crosscut.vc) announced this morning that it has raised its fourth fund, CrossCut 4 , a brand new, $125M early stage investment fund. We spoke with one of the firm's four Managing Directors, Clinton Foy , about the big new fund and its investments.

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Clinton Foy: Why We Bought Our Own E-Sports Team, the Immortals

socalTECH

To get some insight into the growing world and business of e-sports, we caught up with Clinton Foy , a local venture capital investor at Crosscut Ventures in Los Angeles. Clinton Foy: E-sports is, fundamentally, one of the biggest trends and one of the hottest areas in video games and the interactive space right now.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

If a person from outside Los Angeles is a fan of the city, dig a little and you’ll probably find that they like it for the celebrities, Hollywood not LA. ” Residents of Northern California (everyone north of Bakersfield) don’t understand how we do it, constantly touting Palo Alto’s tech scene. .”

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Mark Suster, Nely Galan to Keynote Silicon Beach Fest

Tech Zulu Event

ABC Family, Fox, Universal Music, Google, Facebook, Demand Media, MyLife, Riot Games, DFJ Frontier, Rustic Canyon, GRP Partners, Siemer and Associates, Marketshare, Saatchi Online, OMD, Ignited, Rubicon Project, Smashbox Cosmetics, NFL, UCLA, USC, and dozens of start-ups. Companies represented include: Disney, Warner Bros.,

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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.

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White House Order Bans TikTok, WeChat

socalTECH

The complete implications of the executive order are unclear, however, Tencent has a large presence and investments across Southern California's the US tech industry, including owning 100 percent of Los Angeles-based Riot Games , 40 percent of Epic Games , 5 percent of Los Angeles-based Activision Blizzard , not to mention having business deals with (..)