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IVP: We Love LA, So We Invested In Snapchat

socalTECH

Why did lead investor IVP invest in what most local investors shied away from? Among the reasons given in a blog post from IVP, defending its investment in Snapchat: the firm loves LA. snapchat venture capital investment valuation jamdat' READ MORE>>.

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Carbonated Games Finds $8.5M

socalTECH

The company says its founders are from Zynga, Electronic Arts and Blizzard, and that it was founded in 2015. Carbonated focuses on developing "highly competitive" games for mobile devices, which are more in line with the hard core games found on consoles and PCs, rather than the more usual casual gaming market. READ MORE>>.

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MarketShare Partners Gets Investment From Elevation

socalTECH

Los Angeles-based MarketShare Partners , a provider of marketing analytics software said Wednesday afternoon that it has scored an investment round from Elevation Partners. According to MarketShare Partners, Elevation made a minority equity investment in the firm. Financial terms of the funding were not disclosed. READ MORE>>.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive mobile games that will gross $100 million or more in lifetime revenue. The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Existing investors like SeventySix Capital, The Strand Partners, Stadia Ventures, Hersh Interactive Group, and Transcend Fund, as well as early Zoom employees Richard Gatchalian and Aaron Lewis, also participated. . “The third piece is a developer ecosystem,” Evans said.

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LA-based Maslo pivots to professional services, launching an AI product for executive coaching

TechCrunch LA

The new product launch follows a $1 million capital commitment from Saki Georgiadis , who was an early investor in Calm, and Dr. Ray Muzyka, the founder and former chief executive of Bioware. Maslo’s] recent focus has validated my original interest, which led me to invest.”

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Frank Addantes FounderBlog: Elements of Sustainable Companies

Frank Addante

► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! ► August (3) Venture Capital - What's the rush? Cisco, Oracle, Apple, Electronic Arts and Atari. Zondigo, Inc.

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