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Joystick Ventures Finds $3M As Part Of $10M Venture Capital Fund

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Sherman Oaks-based Joystick Ventures, a new venture capital fund looking to invest in the videogame industry, has raised $3M as part of an ongoing, $10M venture capital fundraising, according to a regulatory filing by the firm.

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Processing.com Gets Private Equity Injection

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Sherman Oaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. Size of that investment was not announced. Processing.com is led by CEO Avi Chesed.

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Mission Ventures Re-Ups On Alpine Data

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San Diego-based venture capital investor Mission Ventures has re-upped its investment in San Francisco-based Alpine Data Labs , a developer of Hadoop software for the big data market. mission ventures alpine data hadoop bigdata venture capital metapa greenplum' Greenplum was acquired by EMC in 2010. READ MORE>>.

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SaveFans Gets Seeded

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Sherman Oaks-based SaveFans , an online, third party marketplace for sports, concert, theatre, and other tickets, has recently scored a round of investment. Amount of the angel funding was not disclosed. The firm's first outside round came from angel investor Jamie Kennedy. SaveFans is headed by Wes Brodsky.

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Red Mango Gets $1.2M

socalTECH

Sherman Oaks-based Red Mango , one of a number of Korean-style frozen yogurt chains based in Los Angeles, has raised $1.2M of a $8M, venture funding round, according to a recent regulatory filing by the company. No details on the funding hav been released by the company. Crew, and P.F. Chang's, among others.

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Channel M Acquired By PlayNetwork

socalTECH

According to the firms, the deal includes investors Chartwell Capital Management, Talon Asset Management, and Joshua Green Corporation, as well as new investment involvement from Vintage Fund Management, Ascend Venture Group, and Intel Capital--all prior investors in Channel M.

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Veteran LA law firm opens a Silicon Beach office and launches a pro-bono “Precelerator”

SoCal Delicious

Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its Sherman Oaks office since its formation in 2002.