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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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Loop Media Powers New Streaming Channel On XUMO

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Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. Loop Media recently announced its "short-form" streaming startup, saying it raised $10M in funding.

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Network Optix Snags $750K In Seed Funding

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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 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.

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CareerArc Grows In LA, Names New VPs

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Burbank-based CareerArc , which develops social recruiting and outplacement. CareerArc recently raised $30M in a funding round from PeakEquity Partners. The company--led by longtime technology startup veteran Robin D. Richards has a number of high tech startups under his belt, most recently Internships.com.

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Loop Media Buys ScreenPlay

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Burbank-based streaming video startup Loop Media announced on Thursday that it has acquired ScreenPlay , a video service provider which licenses videos for use in such locations as Hard Rock Cafes, Norwegian Cruise Line, Yard House, Buffalo Wild Wings and Margaritaville. Financial details of the cash-and-stock deal were not announced.

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eSolar Raises $12.8M

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Idealab-based solar energy startup eSolar has just raised $12.8M 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.

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