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Snap accelerator names its latest cohort

TechCrunch LA

and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company.

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mitu Backs Effort To Increase Diversity In Digital Media

socalTECH

According to Mitu, its ACCELERATOR program will provide hands-on training and mentorship to multicultural digital creators, teaching those creators every aspect of the digital media industry in a boot camp-style environment. The new effort is also tied into Mayor Garcetti's L.A.

Media 124
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Watertower Ventures Raises $5M Investment Fund

socalTECH

Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. READ MORE>>.

Invest 138
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eHarmony Acquired By ProSiebenSat.1

socalTECH

1, the acquisition of eHarmony will help it expand its Commerce segment internationally. 1 Group is a major German entertainment and media firm, which also has a e-commerce business arm. According to ProSiebenSat.1, Financial details of the acquisition were not announced by the companies. ProSiebenSat.1

eHarmony 113
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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported.

Equity 299
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Content, Commerce, and Cosmetics: A Look At IPSY's Subscription Business

socalTECH

Los Angeles�as the center of the entertainment industry�has begun to adopt a new role as the center of online video in recent years�and has also with the e-commerce industry and expertise here from the technology industry. Social media allows women to seek out other, like minded women, and learn from them.

Commerce 100
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Creative Artists Agency Launches Its Own Startup Studio With $12.5M In Funding

socalTECH

Los Angeles-based entertainment and sports agency Creative Artists Agency (CAA) has launched itself into the startup business, saying that it has created a new startup studio it calls Creative Labs , according to the company. The new effort is funded by $12.5M READ MORE>>.

Funding 113