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MuckerLab Takes TechStars Incubation To Los Angeles

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A new, technology startup accelerator modeled after the TechStars venture incubator in Boulder said today it has launched, and will bring business acceleration to Los Angeles.

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Passenger Gains $7.5M More

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Los Angeles-based Passenger , a developer of private social networking sites for brands, said today that it has raised an additional $7.5M The round came from Shelter Capital Partners, StarVest Partners, and Steamboat Ventures, all existing investors in the firm. in an investment. READ MORE>>.

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EdgeCast: We're In The Black

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Los Angeles-based content delivery network firm EdgeCast Networks , announced today that the firm is now profitable. EdgeCast is venture backed by Steamboat Ventures and other investors. Tags: edgecast network content delivery profitability. READ MORE>>.

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Passenger Gets Win With NYSE Euronext

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Los Angeles-based Passenger , which develops online communities for brands, said Thursday that the firm is powering a new private online community for NYSE Euronext (NYX). Passenger is venture backed by Shelter Capital Partners, StarVest Partners, and Steamboat Ventures. Financial impact of the win was not disclosed.

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EdgeCast Partners With Deutsche Telekom

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Los Angeles-based content delivery network (CDN) EdgeCast has scored a big win, with Deutsche Telekom, the firms are set to announce today. EdgeCast offers content delivery services, and is backed by Steamboat Ventures. Tags: video deutsche edgecast telekom networks. READ MORE>>.

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Sometrics Raises Series B

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Los Angeles-based Sometrics , which develops analytics software for gaming applications, said Friday morning that it has raised a Series B round of financing. The investment was led by Steamboat Ventures, and also included prior investors Mail Room Fund and Greycroft Partners. Tags: analytics capital venture sometrics.

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Venture Conference Highlights SoCal Startups

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David Sacks, one of the co-founders of PayPal, pitched Geni.com, an online site focused on both family trees and social networking. READ MORE>>