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IVP: We Love LA, So We Invested In Snapchat

socalTECH

Why did lead investor IVP invest in what most local investors shied away from? Among the reasons given in a blog post from IVP, defending its investment in Snapchat: the firm loves LA. snapchat venture capital investment valuation jamdat' READ MORE>>.

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Carbonated Games Finds $8.5M

socalTECH

El Segundo-based Carbonated Games , a developer of mobile games, has raised $8.5M The funding came from Andreessen Horowitz, Golden Ventures, and Bitkraft Esports Ventures. The company says its founders are from Zynga, Electronic Arts and Blizzard, and that it was founded in 2015. READ MORE>>.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing which values the company at a whopping $1.4 The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

And we had these vans and mobile kegs in the back, and we would go to golf courses. So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.” So when I got into venture capital, I thought, “Well, what can I do that’s different?”

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