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Scopely Expands In Culver City

socalTECH

Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE. READ MORE>>.

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Encantos Raises $2M For Family Education, Entertainment Service

socalTECH

Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The company was founded by Steven Wolfe Pereira and Susie Jamarillo. READ MORE>>.

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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Qatalyst Partners is acting as financial advisor to Signal Sciences, while Goodwin Procter was the company’s lawyer. Morgan Stanley & Co.

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Jukin Media Gets Strategic Funding

socalTECH

Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. The company says it has more than 40 employees in Culver City. Jukin Media was founded by Jonathan Skogmo. READ MORE>>.

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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Prime Focus develops a cloud-based software product aimed at managing the supply chain for the media industry, and says its software is being used by such companies as 21st Century Fox-owned Star India, Novi Digital - Hotstar, Miramax, Disney, Warner Bros., The company's CEO is Ramki Sankaranarayanan. READ MORE>>.

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Fullscreen Grabs $30M More For YouTube Network

socalTECH

Culver City-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly values the company at $110M pre-money. READ MORE>>.

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MiTu Bolsters Exec Team

socalTECH

Culver City-based MiTu , the Latino media brand and multi-channel network (MCN) which recently scored $10M from such investors as upfront Ventures, The Chernin Group, Allen DeBevoise, and Advancit Capital, has hired a trio of executives to bolster its team. MiTu is led by Roy Burstin. READ MORE>>.