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Loop Media Unveils Streaming Media Service, Backed By $10M In Funding

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A new, Burbank-based startup, Loop Media , said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. The startup--which says it has been in "stealth" mode for over two years--says it is backed by $10M in seed funding.

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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.

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Iyuno-SDI Group Gets $160M

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Iyuno-SDI Group, a provider of localization services to the media industry with an operation in Burbank, said this week that it has raised $160M in a funding round. The funding came from SoftBank Vision Fund 2. The company's other backers include Shamrock Capital Advisors and SoftBank Ventures Asia Corp.

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3ality Digital Gets Funding

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Burbank-based 3ality Digital , a developer of 3D production technology and services, has scored a new funding from Clearlake Capital Group. According to Clearlake, it led and sponsored a recapitalization of 3ality, acquiring the majority of newly issued preferred stock of the company.

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Surf Air Expands To Santa Barbara

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SurfAir said it will connect Santa Barbara with nonstop service to Silicon Valley, with the first flight leaving this morning at 8:15 a.m. Surf Air launched its service between Burbank and San Francisco in June. The company said that Santa Barbara is part of a planned expansion of routes throughout California. READ MORE>>.

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Cast & Crew Acquired by Silver Lake

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Burbank-based Cast & Crew Entertainment Services , a provider of technology and payroll services to the entertainment industry, said today that it has acquired by private equity investor Silver Lake. Debt funding for the deal came from RBC Capital Markets, Credit Suisse, Deutsche Bank Securities and Societe Generale.

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Disney Accelerator Alumni StatMuse Picks Up $10M Round

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StatMuse , one of the companies to emerge out of the Disney Accelerator in Burbank last fall, said this morning that it has raised $10M in a Series A funding round. Greycroft Partners, Promus Ventures, Haas Portman, Deep Fork Capital, and Bee Partners. The round came from Techstars, The Walt Disney Company, Allen & Co.,