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

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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. The games publisher had previously acquired Rainbow Star studio in Burbank, TinyCo in San Francisco, Uken Games in Toronto, and 231Play in Berlin.

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Steamboat Re-Ups On Mobile Measurement Firm Ground Truth

socalTECH

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>>.