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EdgeCast Gets $54M For Content Delivery Efforts

socalTECH

Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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H Code Snags New Investment Round

socalTECH

The funding came from private equity investor Falfurrias Capital Partners (FCP), which invests in growth-oriented, middle-market companies. According to H Code, it will use the new funding to extend the reach of its branded content studio, publisher network, and intelligence center among diverse audiences.

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Allied Esports Gets Backing From TV Azteca

socalTECH

Irvine-based Allied Esports , an e-sports league operator, has scored backing from Mexican sports television network TV Azteca , the companies said Wednesday morning. According to the companies, TV Azteca, which is part of Grupo Salinas, will purchase $5M of shares of Allied Esports via an equity investment in Black Ridge Acquisition Corp.

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Fullscreen's Pricetag For Viddy: $7.8M?

socalTECH

Los Angeles-based YouTube content network Fullscreen , which is led by George Strompolos, disclosed Thursday that it has issued $7.8M in equity--related to a merger and acquisition, most likely the acquisition of Supernova (better known as Viddy ) earlier this month. The disclosure came via a regulatory filing. READ MORE>>.

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Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

The only requirement is that they focus on educational video content targeting children and young adults. Through this content, they may discover a field or a topic they haven’t had access to. All participants in the program will jointly participate in a revenue share on revenue generated from their content.

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The Young Turks Scores $4M In Funding

socalTECH

Los Angeles-based The Young Turks , the online MCN led by Cenk Uygur, said today that it has raised $4M in new funding, from private equity firm Roemer, Robinson, Melville & Co., theyoungturks young turks venture capital content network' READ MORE>>.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

Hardworkers : a professional network for blue-collar workers. Veam : a social network built around AirDrop. Yellow’s small batches are much easier to manage than other accelerator behemoths like Y Combinator that are pushing hundreds of startups through their network. Nuggetverse : a web comics media startup.

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