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RCT Studio Raises $10 Million

L.A. Business Journal

RCT Studio, a Burbank-based developer of interactive games, announced it has raised $10 million in Series A funding.

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3ality Digital Gets Funding

socalTECH

Burbank-based 3ality Digital , a developer of 3D production technology and services, has scored a new funding from Clearlake Capital Group. 3ality develops 3D camera rigs and other associated products used by the film and TV industry for 3D filming. 3ality said it now owns a majority of the voting shares of the company.

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Jam City Raises $350M, Acquires Ludia For $165M

socalTECH

Los Angeles-based mobile games developer JamCity is continuing its growth, saying on Wednesday that it has raise $350M in new funding, and acquired mobile game studio Ludia. Jam City said the new funding will help it continue its global expansion, and also help further its strategy to build out its portfolio of studios.

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Network Optix Snags $750K In Seed Funding

socalTECH

Burbank-based Network Optix , a startup developing video transport, management, and display technology, said this morning that it has raised $750,000 in a seed funding. The firm said the convertible debt round came from Jor Law, Veracity, HauteSpot Networks, Kenneth Lu, and other angel investors.

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Disney Backs Effort To Give Girls A Head Start On STEM

socalTECH

Burbank-based Disney is backing an effort, in conjunction with learning robot developer littleBits and UC Davis , the give girls a boost in getting into science, technology, engineering, and math (STEM) fields. According to the group, the effort is being funded by the Walt Disney Company, which is putting $4M into the effort.

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CareerArc Grows In LA, Names New VPs

socalTECH

Burbank-based CareerArc , which develops social recruiting and outplacement. CareerArc recently raised $30M in a funding round from PeakEquity Partners. technology and services, says it is in the midst of a big expansion in Los Angeles, and has added about 20 percent to its headcount over the last three months.

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eSolar Raises $12.8M

socalTECH

in a new funding, part of an ongoing $30M funding for the company, according to a regulatory filing by the firm. The funding--which included at least two prior investors, including Oak Investment Partners--is still in progress. Idealab-based solar energy startup eSolar has just raised $12.8M

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