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Brainbase Gets $3M For IP Licensing

socalTECH

Los Angeles-based Brainbase , a developer of intellectual property licensing software, has raised $3M in a seed funding round, the company said today. The company said it added Ray Hatoyama, CEO of Hatoyama Studio and a director at LINE Corp, to its board in conjunction with the funding.

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Catalog Collects $1.5M For AI Software For Visual Artists

socalTECH

Los Angeles-based Catalog , a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, has raised $1.5M in a seed funding round. The funding was led by Moonshots Capital, and also included Techstars and Luma Launch. READ MORE>>.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. How Does the Industry Really Work? So it’s about 20%.

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

Defensible IP When I’m asked by newer, younger VC partners for advice on our sector, one of the things I always emphasize is looking for companies who have built defensible intellectual property (IP). Defensible IP becomes insanely valuable?—?particularly Over the past 2.5 particularly as you achieve scale.

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FastSoft Names New CEO

socalTECH

Pasadena-based FastSoft, which develops network acceleration technology, announced today that it has named J. Snyder has been involved in seed funding and founding such companies as Netboost (acquired by Intel), Jibe Networks, and Proxinet (acquired by Puma Technologies). Edward Synder as the firm's CEO. READ MORE>>.

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How Catalog Is Helping SMBs Compete Against Big Brands

socalTECH

Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M in a seed funding round. The funding was led by Moonshots Capital, and also included Techstars and Luma Launch.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Meanwhile, new venture-backed companies like the superstealthy Shadows, SuperPlastic and Toonstar are all developing virtual characters that will launch via social media channels like Snap and Instagram, or on their own platforms. “We understand how much money you can make from the IP. Its show, the Danogs, has 4.5