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Vision Esports Snags $38M From Sports Teams, Invests In 3 Esports Companies

socalTECH

Beverly Hills-based Vision Esports has raised $38M in a funding round, and said it invested in 3 Esports companies--Echo Fox, Twin Galaxies and Vision Entertainment. Vision Esports says it will specifically target and invest in complementary companies spanning the entire esports ecosystem.

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William Morris Invests in Mobile Development Firm

socalTECH

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. Financial terms of the investment were not disclosed. The firm as backed a mobile application development company, Chaotic Moon Studios , as part of a strategic partnership. READ MORE>>.

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Catch Media Lands Investment From Motorola

socalTECH

Beverly Hills-based Catch Media , a provider of software used for digital rights management, has scored a strategic funding from Motorola Mobility Ventures , the strategic investment arm of Motorola, the firms said Thursday. Other investors in Catch Media include Ari Emanuel, Co-CEO of WME Entertainment. READ MORE>>.

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Siemer Summit 2015 Announced, Tim Draper To Keynote

socalTECH

The Siemer Summit , the invite-only conference which has been organized by technology investment banking firm Siemer & Associates for the last four years, is returning this year, according to the firm. Entertainment, Rick Stollmeyer of MINDBODY, Mahi de Silva of Opera Mediaworks, and Andy Cohen of Citrix Systems.

Draper 100
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Zirx Aims At LA's Parking Problem, After Funding From BMW

socalTECH

The announcement of the new service came in conjunction with a strategic investment from BMW, from BMW i Ventures. In fact, at least two of ZIRX's initial customers for the on-demand parking--Live Nation and Insomiac--are in the LA area. READ MORE>>.

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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

The biggest difference I cite is that Venture Capital often feels like an “individual sport” while startups are a “team sport.” Funds like First Round Capital, True Ventures, Foundry Group, HomeBrew, USV and many others are still run by the founders and are still on the mission they started.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

In growing numbers, Silicon Valley executives—long based in tech strongholds like Santa Clara and Palo Alto—are buying homes in Los Angeles, as the lines between the technology and entertainment businesses grow blurrier. the entertainment industry. million for a 12,000-square-foot home in Holmby Hills in March.