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Riot Games Commits $10M To Minority Owned Game Studio Investments

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Los Angeles-based Riot Games is looking to help patch up rocky race relationships in the United States, saying over the weekend that it will invest $10M in minority-owned game studios, in addition to providing $1M to the Innocence Project and the ACLU (American Civil Liberties Union), via is Social Impact Fund. READ MORE>>.

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Greycroft, WndrCo Back Glow For Podcast Subscriptions

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Los Angeles-based venture investors Greycroft Partners and Jeffrey Katzenberg's WndrCo have put their backing behind a new startup that helps podcasters fund their shows via their listeners. According to Glow Technologies , it has raised $2.3M According to Glow Technologies , it has raised $2.3M

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FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

TechCrunch LA

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angeles tech community. . “We think about it in the context of a lifestyle,” said Michael Broukhim.

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Social Discovery App Ntro Launches, Backed by $1.7M in Angel Funding

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Los Angeles-based startup nProgress , headed by former Pandemic Studios President Josh Resnick, is announcing this morning that it has launched ntro , a new smart phone app for iPhone and Android aimed at social discovery. nProgress is backed by $1.7M nProgress is backed by $1.7M READ MORE>>.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business.

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FabFitFun raises $80 million for its growing lifestyle brand

TechCrunch LA

Nine years after launching its online magazine, and three years after diversifying into the subscription box business , FabFitFun has raised $80 million in a growth round of funding led by Kleiner Perkins with participation from its previous investors Upfront Ventures and NEA. .

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Gaikai In Licensing Deal With EA

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Los Angeles-based cloud-based videogame streaming firm Gaikai said Thursday that it has inked a multi-year, licensing deal with Electronic Arts.