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Baroda Ventures Funds Fabulis

socalTECH

Beverly Hills-based Baroda Ventures , the venture capital firm of GeoCities founder David Bohnett , has invested in gay social networking site Fabulis. The deal was first reported by VentureBeat. Baroda Ventures Partner Peter Lee confirmed the investment in the New York company, which was worth $250,000. billion to Yahoo.

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Platform G Closes On $22M Funding Round

socalTECH

Beverly Hills-based Platform G , the stealth mode startup headed by former MySpace CEO Chris DeWolfe, has closed a $22.0M, Series A funding round, according to a regulatory filing by the firm today. The round had earlier been reported but the exact amount had not been confirmed by the company.

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Total Beauty Gets $800K More

socalTECH

Beverly Hills-based Total Beauty Media , an online site providing beauty advice, product reviews, and other information, has raised $800,000 more in funding, according to last week's PricewaterhouseCoopers/NVCA MoneyTree report. The firm had not disclosed the funding publicly.

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Veoh's Shapiro Named CTO Of MySpace Music

socalTECH

Shapiro will be based in Beverly Hills, and report to MySpace Music President Courtney Holt. Shapiro had raised over $70M in funding for Veoh, until legal battles and the economy sunk the online video sharing site. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February.

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Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter.

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Interview with Bruce Nash, OpusData

socalTECH

Last month, Beverly Hills-based Nash Information Services , the firm behind The Numbers --one of the most extensive database of financial information about movies--announced a new service which allows third party software applications and websites to pull information from the firm's database, via OpusData (www.opusdata.com).

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Tech and Entertainment Have a Home in Silicon Beach

Tech Zulu Event

Malibu and Beverly Hills have long been hot neighborhoods for entertainment execs. The Los Angeles Business Journal recently reported data compiled by SoCalTech.com showing that “L.A. Reports cited by Los Angeles Business Journal say recent median housing prices in the Beach Cities and the South Bay rose 19.2