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Minecraft Creator Buys $70M Mansion in Beverly Hills

socalTECH

In the latest, technology-driven real estate deal in Los Angeles, the creator of Minecraft --Markus "Notch" Persson--has spent $70M for a giant mansion in Beverly Hills. Persson recently sold Mojang, the company behind Minecraft, for $2.5 minecraft mansion beverly hills markus persson realestate real estate'

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Fandango Plans Move To New Office In Beverly Hills

socalTECH

Olympic Boulevard, to a new office in Beverly Hills, the company said this week. According to Fandango, the move will happen sometime in mid-2017, with the company occupying the top two floors of the four story building at 407 Maple Drive.

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LiveXLive Acquires Artist Development Firm Gramophone Media

L.A. Business Journal

Beverly Hills-based livestreaming platform LiveXLive Media Inc. will acquire New York-based artist development company Gramophone Media Inc. by the end of June.

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Launch House Raising $10M For Startup Investments

socalTECH

Beverly Hills-based Launch House, which hosts month-long, live-in startup programs in Los Angeles and elsewhere, is looking to raised $10M in a new venture capital fund, according to a regulatory filing from the company. The filing said the company is raising $10M to invests in startups.

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APX Platform Scores Seed Funding

socalTECH

Beverly Hills-based APX Platform, a developer of cloud-based software for the aesthetic industry, says it has raised what it calls an "oversubscribed seed round" for its company. Size of the seed funding was not announced. The startup is led by two co-CEOs, Izhak Musli and Terri Ross.

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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. the New York Yankees, the St.

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Rick Fox Sues Echo Fox Business Partners

L.A. Business Journal

Rick Fox, owner of Beverly Hills-based esports organization Echo Fox, sued several of his business partners for fraud and mismanagement of company funds.