LA's AET Fund Raises $50M For Entertainment Technology Investment

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A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund--short for Akatsuki Entertainment Technology Fund--said it has hired Mark Linao as Principal, responsible for managing the company's $50M fund and its operations in United States. fund akatsuki entertainment technology ventura investment augmented reality

Akatsuki Lauches $50M Entertainment Investment Fund

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Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. The new investment fund's Managing Director is Tomoya Ogawa, who is CFO of Akatsuki.

First Access Entertainment Launches New Seed Investment Fund For Youth

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Los Angeles-based First Access Entertainment , and entertainment firm which provides music recording management and publishing, film and TV development, and acting and model management, said this morning that it has launched a new investment fund, called The Fund by First Access Entertainment. According to First Access, the new fund will invest in companies started by "creative young people". The new fund will be led by Sarah Stennett and Simon Tikham.

Dreamscape Immersive Raises Series A Funding For VR Entertainment Centers

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Los Angeles-based Dreamscape Immersive , a developer of immersive, virtual reality entertainment experiences, said on yesterday afternoon that it has raised a Series A financing round. Size of the funding round was not announced, however, a regulatory filing indicates around $11.36M was raised in the round. The funding was led by Bold Capital Partners, the investment firm run by Peter Diamandis, and also included Warner Bros.,

3BLACKDOT Gets Funding From Legendary Entertainment

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Los Angeles-based 3BLACKDOT , which develops mobile entertainment titles, has raised a round of strategic funding from Legendary Entertainment. Size of the funding was not announced. 3blackdot legendary entertainment mobile videogame jetpak content venture capital3BLACKDOT is the developer of mobile game Zombie Killer Squad, among other titles. The company is led by Angelo Pullen. The company's founders had previously been at Machinima.

Pocket.watch Raises $15M For Kids Entertainment

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Los Angeles-based media brand Pocket.watch , which creates content for kids, has raised $15M in a Series B funding round, led by Viacom, the company said today. As part of the funding, Viacom Media Networks COO Sarah Levy joins the company's board of directors. pocket.watch kids entertainment venture capital viacom content hollywood film

The Gores Group Buys AMI Entertainment

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Los Angeles-based private equity investor The Gores Group said on Thursday afternoon that it has acquired AMI Entertainment , a maker of digital jukeboxes and video systems, which are installed in bars, restaurants, and other locations. AMI Entertainment was founded in 1909, as the National Automatic Music Co. Gores Group said it acquired AMI through its Small Capitalization Partners investment fund. gores group entertainment jukebox video merger acquisition

Qualcomm, Disney, UTA Back The VOID For VR Entertainment

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Three, Southern California investors--Qualcomm Ventures, Disney, and the United Talent Agency--have backed the developer of a network of "experience centers" focused on virtual reality entertainment, as part of a newly disclosed Series A Funding. The VOID says its centers include everything from virtual reality to "multi-sensory effects" for interactive entertainment and storytelling.

Serious Business Get Funded For Internet Entertainment

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A trio of United Talent Agency execs said Friday that they have launched a new, media company focused on the intersection of Internet and entertainment. According to Serious Business , it has raised a second round of seed funding from Brave New Ventures to fund the effort. serious business venture capital seed internet hollywood agent entertainment cheezburger

Meteor Entertainment Raises $10M

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Meteor Entertainment , a developer of a downloadable, online shooting game called Hawken , has raised $10M in funding, according to reports. Source of the funding included Benchmark Capital and FirstMark Capital. The funding was led by former JAMDAT founder Mitch Lasky, who is now at Benchmark. hawken meteor entertainment venture capital adhesive games

Arktos Entertainment Funds Online Gaming Firm

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Los Angeles-based Arktos Entertaiment Group , a firm which says it provides investment, creative and production management support, and other services to interactive and online entertainment firms, said today that it has led a $5M investment round in firm Online Warmongers. Tags: arktos entertainment venture capital online warmongers

Mammoth Media Finds $13M For Mobile Entertainment

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Los Angeles-based Mammoth Media , a startup that says it is developing mobile-first media, has raised $13M in a Series A funding round, the company disclosed on Tuesday. said the funding was led by Greylock Partners and also included Science Inc. Greylock's Josh Elman joins the company's board as part of the funding.

j2 Global Buys IGN Entertainment

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Los Angeles-based j2 Global , the provider of cloud-based business and telephony services, said today that it has acquired IGN Entertainment , the video game, entertainment, and men's lifestyle publisher, via is Ziff Davis subsidiary. j2 moved into digital media in only November, when it purchased Ziff Davis in an all cash deal, funded by a steady stream of revenues from Internet fax, email, business telephony, and other cloud services.

AngelVision Eyes Investments In Entertainment, New Media

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A new Los Angeles investment group, AngelVision Investors , said this morning that it has launched, and is looking to invest in startup and emerging growth-oriented companies, in the entertainment, marketing and new media. The firm did not say how large of a fund the group has, but did say it was created by the founders of Ant Farm, Aspect Ratio, and Creative Domain, various creative agencies.

Tech and Entertainment Have a Home in Silicon Beach

Tech Zulu Event

Malibu and Beverly Hills have long been hot neighborhoods for entertainment execs. As the line blurs between tech and entertainment, and as Silicon Valley seeks synergy with L.A.’s One after another, tech and entertainment companies – and hybrids of the two – have taken root here.

Dun & Bradstreet Partners With Cedric the Entertainer

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What do Cedric the Entertainer and Los Angeles-based Dun & Bradstreet Credibility Corp. , D&B said it has placed the first corporate order for hats from Cedric the Entertainer, as part of an employee recognition program. Cedric the Entertainer's WHO CED?

Big Stage Entertainment Raises $2.7M

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Los Angeles-based Big Stage Entertainment is announcing this morning that it has raised an additional $2.7M in a Series B funding for the firm. According to the company, the funding came from Mission Ventures, Selby Ventures, and the Tech Coast Angels. The company said the new funding will go to accelerate research and development, along with sales and marketing. Big Stage Entertainment develops technology which takes user photos and creates 3-D, facial avatars.

Dun & Bradstreet Credibility Partners With Cedric the Entertainer

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What do Cedric the Entertainer and Los Angeles-based Dun & Bradstreet Credibility Corp. , D&B said it has placed the first corporate order for hats from Cedric the Entertainer, as part of an employee recognition program. Cedric the Entertainer's WHO CED?

More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

version of this new breed of entertainer, the collective behind the account is far from the only one. The NBA star and studio analyst also committed capital to Toonstar’s recent seed funding, a round led by Founders Fund partner Cyan Banister.

Creative Artists Agency Gets Major Funding From Temasek

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The Creative Artists Agency (CAA), the entertainment and sports agency which also is an active investor and partner of technology and media companies here, said this morning that it has received a an investment from Temasek , the $200 billion Singapore investment company. CAA said the funding will go towards funding growth, including acquisition. CAA has also recently received investments from Chinese media and entertainment fund CMC, Fubon Group, and Taiwan Mobile.

Watertower Ventures Raises $5M Investment Fund

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Los Angeles-based Watertower Ventures has raised a new, $5M investment fund, which will focus on companies in the Internet infrastructure, next-generation e-commerce, digital media, gaming, augmented reality and artificial intelligenec, and consumer Internet areas. The fund, led by longtime technology advisor Derek Norton , is backed by a long list of local LPs from the digital media, entertainment, and technology areas.

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Lumexis Lands $15M For In-Flight Entertainment Systems

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Costa Mesa-based Lumexis , a developer of in-flight entertainment and broadband connectivity systems, announced late Monday that it has scored $15M in a private equity funding from Perseus LLC. Lumexis said the funding came in conjunction with a "large" order from an un-named customer, which is installing its systems into a fleet of 737-family aircraft. Tags: lumexis aircraft airline entertainment inflight venture capital

Machinima.com Raises $9M for Entertainment Content

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Los Angeles-based Machinima.com , an online entertainment site focused on video gamers, has raised $9M in a investment from Redpoint Ventures, the firm said this week. The firm said the Series B funding round will go towards accelerating further growth at the company. As part of the investment, Geoff Yang of Redpoint will join the firm's board.

Two Bit Circus Gets New Funding, Sets First Location In Downtown LA

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Los Angeles-based Two Bit Circus , the startup which combines entertainment with education and immersive technology, said it has received a strategic round of funding, which it will use it will open up its very first "micro-amusement park" this fall in downtown Los Angeles. The new strategic funding came from CJ CGV , a South Korean entertainment and theatrical company. Size of the new funding round was not announced.

A Seriously Great Story and Why We Funded Them

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We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. Andrew was SVP of Mobile at Fox Digital Entertainment which launched the very successful Simpsons online game (curse you for wasting tons of my kids free time!)

The team behind Baidu’s first smart speaker is now using AI to make films

TechCrunch LA

The startup is about to close its Series A funding round just months after banking seed money from Y Combinator and Chinese venture capital firm Skysaga , the startup told TechCrunch.

Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party.

Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party.

Former UFC Owners Launch Fertitta Capital With $500 Million Fund

L.A. Business Journal

Fertitta Capital launched its first fund on Monday, worth $500 million, which it plans to invest in technology, media, and entertainment companies

Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

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in seed funding in Q1, which was up 2.5 The most active area for LA area seed investments was in media, entertainment, and gaming, with software-as-a-service businesses also bringing in significant seed funding. amplifyla amplify angeles technology seed funding startupsSeed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA.

Helinet Aviation Buys Shotover, Gets Funding

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Helinet , a provider of flight services to the entertainment, media, and other industries which is based in Van Nuys, said Thursday that it has acquired Shotover Camera Systems , a developer of a gyro-stablized, camera systems used for shooting aerial footage in Ultra High Definition. Financial terms of the buy were not announced, however, Helinet said it received funding from a set of investors for the deal.

FilmTrack Finds $10M In Debt Funding

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Studio City-based FilmTrack , which develops rights and content management software for the entertainment industry, has raised $10M in a debt funding round, the company said this week. The funding comes fom Wellington Financial and Silicon Valley Bank. movies hollywood rights management content funding debt filmtrack

Greentoe Lands Angel Funding

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Los Angeles-based Greentoe.com , which operates an online marketplace which lets people name their own price for electronics and other items, has raised a round of angel funding, the firm said today. The funding came from Parker Thompson from 500 Startups/Dave McClure. Size of the funding was not announced. According to Greentoe, it will use the funding for marketing of the site, including a multi-platform advertising campaign across the web, television, and mobile.

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Fullscreen Gets Funding For YouTube Network

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Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. According to FullScreen, the new funding will go towards domestic and intentional expansion, in the areas of technology, audience development and sales. fullscreen media entertainment youtube network content hollywood venture capital

HitFix Closes Funding Round

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Los Angeles-based HitFix , the online film, TV, and entertainment news site founded by Gregory Ellwood and Jennifer Sargent, said today that it has closed a funding round. The company said it has nor raised a total of less than $5M in its Seed and Round a fundings, but is already EBITDA positive and had a growth in annual revenues of 231%. entertainment news editorial hollywood content angel capital venture hitfix