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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. The firm as backed a mobile application development company, Chaotic Moon Studios , as part of a strategic partnership. Financial terms of the investment were not disclosed. READ MORE>>.

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BioBeats Seeded With $650,000

socalTECH

Beverly Hills-based BioBeats , which develops healthcare apps which says it combines entertainment with healthcare, by generating music from your heartbeat, has raised $650,000 in a seed funding round. The company says it is developing mobile apps for the entertainment, consumer health and wellness and clinical medicine areas.

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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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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.