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Carbonated Games Finds $8.5M

socalTECH

El Segundo-based Carbonated Games , a developer of mobile games, has raised $8.5M 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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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. According to data collected by Newzoo , mobile games revenue reached a record $63.2 That number could reach $81.3 Roughly half of the U.S.

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Gaikai Names Strategy Head

socalTECH

Reeves joins the firm from Electronic Arts, where she was Senior Vice President/COO Global Online. She also served as SVP of JAMDAT Mobile. Gaikai is venture backed by Benchmark Capital, TriplePoint Capital, Rustic Canyon Partners, Limelight Networks and Intel Capital. READ MORE>>.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

Before you think I was a complete nerd, in addition to making money selling software, which I did at 15, 16 years old, I also made money throwing keg parties. And we had these vans and mobile kegs in the back, and we would go to golf courses. And as a result, I got a job in a computer store during high school. There’s risks.”

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