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Shamrock Capital Invests $25M In Video Licensing Firm

socalTECH

Los Angeles-based private equity firm Shamrock Capital has invested $25M in Thought Equity Motion , a provider of video footage licensing services, Thought Equity Motion said today. Shamrock focuses on investment in the media, entertainment, and communications areas. READ MORE>>.

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Fair Boosts Executive Team

socalTECH

In a hint towards Fair's intentions, the company pointed out that Pierantoni also had served as VP of Finance at Cornerstone OnDemand (through its IPO), Chief Accounting Officer of Ticketmaster Entertainment, and also served at Paramount Pictures.

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Interview with James Citron, Mogreet

socalTECH

This morning, Los Angeles-based Mogreet (www.mogreet.com) announced it had raised a Series B funding round for the firm's mobile greeting services. We caught up with James to hear more about the company, how he managed to get funding even in this economy, and his view on the mobile market. So tell us about this new funding round?

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Initiative to Boost SoCal’s Startup Scene Teams With GV Founder

Xconomy

Steve Poizner, who sold two of his startups to Qualcomm (NASDAQ: QCOM ) and served as California Insurance Commissioner a decade ago, has signed a collaboration agreement with a venture fund that Maris founded in suburban San Diego. Maris raised $160 million last month for the inaugural fund of Section 32, a new venture firm he founded.

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Beyond the Demo: 2018 Could Be Year for Longer, Profitable VR Content

Xconomy

René Pinnell says he and his wife Selena Pinnell were “blown away” by the virtual reality projects their friends were creating in 2014, so they looked for an entrepreneurial niche that would allow them to support such artists. That year the couple, both trained in design, founded a startup in San Francisco, then called KaleidoscopeVR.

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