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

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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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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

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Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. The two said that YuuZoo will initially buy 33.3 READ MORE>>.

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Clarity Partners' Lee Named Chair Of J. Paul Getty Trust

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Clarity Partners, based in Beverly Hills, invests in communications, media, and related technology companies. The company's investments have included such companies as CaseStack, Oxygen Media, MetroPCS, ImpreMedia, and many others. Paul Getty Trust board since 2009.

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Snowball Factory Gets $500K

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Beverly Hills-based Snowball Factory , the startup behind awe.sm , the url shortener and analytics service, tweetpo.st , which updates Facebook from Twitter, and other tools, has raised $500,000 more, according to a recent regulatory filing by the firm. The filing indicates the funding is part of an ongoing $1.0M READ MORE>>.

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Southern California Linked IPOs Grow

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Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Hydra Executives Clash, End Up in Court

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Beverly Hills-based Hydra LLC , an Internet advertising company which has been seeing major growth in the last couple of years, has apparently hit a major snag, as the company has become embroiled in lawsuits associated with the departure of three of the four founding partners at the firm. READ MORE>>.

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Hydra Looks Up, With Funding In Hand, Legal Troubles Behind

socalTECH

Beverly Hills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday. Tags: hydra media advertising network. READ MORE>>.