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Steamboat Ventures Seeks New $100M Fund

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Steamboat Ventures , the venture capital firm linked to The Walt Disney Company, is seeking to raised $100M for its latest fund, Steamboat Ventures V. The investment firm--which once was located in Burbank--has shifted its operations to Hong Kong, and now looks to be focusing strongly on overseas rather than domestic investments.

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PSI Services Finds Private Equity Funding

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Burbank-based PSI Services , a provider of professional testing services to both the commercial and government market, said today that it has scored a private equity investment. The funding came from Waud Capital Partners. Financial details of the funding were not disclosed. PSI is led by Stephen Tapp. READ MORE>>.

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Jaunt Finds $65M To Open VR Studio In Los Angeles

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Jaunt , a developer of cinematic, virtual reality hardware and software, said this morning that it has opened up a new, virtual reality studio in Los Angeles, after receiving $65M in a Series C funding. 1 SE, Axel Springer SE, The Madison Square Garden Company plus Google Ventures, Highland Capital, Redpoint Ventures, Sky and SV Angel.

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Disney Opens Apps For Second Startup Accelerator Class

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The Walt Disney Company said Tuesday that it is running another, startup accelerator class, as part of the Disney Accelerator program in Burbank, and is now accepting applications for a class of another, ten startups for the program. in venture funding, and another company, Smart Toy, was acquired by Cartwheel Kids. READ MORE>>.

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Legendary Pictures Gets $40M From Accel

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Burbank-based Legendary Pictures , the co-producer of The Dark Knight, has scored $40M in an investment from venture capital firm Accel Partners, according to Forbes. The funding was revealed in the latest Forbes Midas List. READ MORE>>.

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eSolar Raises $22M More

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In a resurgence of life from Southern California''s clean technology industry, Burbank-based eSolar announced this morning that it has raised $22M more in a funding round. According to the solar thermal power technology developer, the funding tranche came from Oak Investment Partners. READ MORE>>.

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Steamboat Re-Ups On Mobile Measurement Firm Ground Truth

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Burbank-based Steamboat Ventures , the venture capital arm of Walt Disney, has re-upped its investment in a provider of mobile and Internet usage analytics and measurement tools. The new funding came in conjunction with the merger of the company with Umber Systems, based in Massachusetts. READ MORE>>.