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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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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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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.

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Sesh Gets $1.6M

socalTECH

Beverly Hills-based Sesh , a startup which is developing artificial intelligence software, said on Wednesday that it has raised $1.6M in a funding round. The "pre-seed" funding came from angel investors, including Behzad Kianmahd, co-founder of TAU Ventures and Kyle Schlotman, Connetic Ventures and Radest Ventures.

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Dubset Gets Strategic Investment From Rhapsody

socalTECH

Dubset Media Holdings , a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in Beverly Hills--has scored a strategic round of funding from Rhapsody International. Size of the funding was not announced. READ MORE>>.

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Kairos Venture Partners Raising New, $250M Fund

socalTECH

Beverly Hills-based Kairos Venture Partners , which is led by General Manager James Demetriades, is looking to raise $250M in its third fund, Kairos Venture Partners III, L.P. according to a regulatory filing by the firm. According to the filing, the fund has yet to make its first sale in the new fund.

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RealD Names New Chief Operating Officer

socalTECH

Beverly Hills-based RealD , the developer of 3D movie projection systems, said on Tuesday that it has named Travis Reid as the company's new Chief Operating Officer. Reid was most recently serving as President of Distribution for Broad Green Pictures.