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Scopely Invests $50 Million in European Gaming Studios

L.A. Business Journal

Culver City-based mobile gaming company Scopely Inc. invested a combined $50 million in three boutique European game studios, the company announced July 19.

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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

The company’s last round was a $35 million investment raised about two years ago , and one investor with knowledge of the company’s cap table called it a “pretty efficient exit” for its backers. Signal Sciences secures $35 million investment to protect web apps. Morgan Stanley & Co.

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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Size of the investment was not announced. The company has a significant presence in India, with headquarters here in Culver City. Los Angeles-based Prime Focus Technologies , a developer of ERP software for the media industry, says it has received its first round of funding from private equity investor Ambit Pragma.

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PacketFabric Picks Up $25M For Terabit Scale Network

socalTECH

Culver City-based PacketFabric , a startup working on connecting major, carrier-neutral colocation facilities with terabit-scale network technology, has raised $25M in a Series B funding, according to the company. According to PacketFabric, it now has a presence at more than 150 Points of Presence (PoPs) in 17 metro markets.

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Techstars LA Draws International Companies For 2021 Class

socalTECH

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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Media Temple Parent GoDaddy Approaches IPO

socalTECH

The parent company of Culver City-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering. mediatemple godaddy merger acquisition exit banker investment hosting domain' READ MORE>>.

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Southern California Startups Raise $761.12M in Q2 2014

socalTECH

The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Nationally, there was $13.0 READ MORE>>.