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Prime Focus Technologies Gets Private Equity Investment

socalTECH

Size of the investment was not announced. Prime Focus develops a cloud-based software product aimed at managing the supply chain for the media industry, and says its software is being used by such companies as 21st Century Fox-owned Star India, Novi Digital - Hotstar, Miramax, Disney, Warner Bros., READ MORE>>.

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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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Cast & Crew Completes Caps Payroll Buy

socalTECH

Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll. READ MORE>>.

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NantKwest Launches IPO

socalTECH

Culver City-based NantKwest --until recently known as Conkwest--said today that it has launched an IPO effort, offering up 7,000,000 shares of its stock at between $20.00 Soon-Shiong took the stake in Conkwest back in December of 2014, investing $50M in a strategic funding in the company. and $23.00 READ MORE>>.

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Intel Boosts Ortiva Wireless, Fonality

socalTECH

Two Southern California startups, Ortiva Wireless and Fonality , are among 18 companies which Intel said it has funded, to the tune of $77M in total venture investments. Exact investments in Ortiva, a developer of mobile video management and optimization products, and PBX software maker Fonality, were not announced by Intel.

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4 Reasons to Use a Local Managed Network Services Provider

Southern California Edison Blog

Partnering with a local MNSP also enables more predictable cost structures, so companies can better budget and plan around IT and network investments. The SLA ensures that the network is maintained reliably, usually ensuring some variation of 99.99% uptime, saving costs and boosting productivity. 2- Personalized Services .

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. Production costs have fallen more than 90%. Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios.

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