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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

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.

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Serious Business Get Funded For Internet Entertainment

socalTECH

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. Amount of the investment was not disclosed.

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StageIt Gets Funding To Help Broadcast Musicians

socalTECH

Los Angeles-based startup StageIt , which operates an online web platform which lets musicians interact with their fans through live broadcasts from their laptop, has raised a round of funding. The funding came from DEV (Digital Entertainment Ventures), a newly launched New York investment firm headed by Alan McGlade and Michael Yang.

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Fullscreen Gets Funding For YouTube Network

socalTECH

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. Strompolos helped co-create the YouTube Partner Program. The round came from The Chernin Group along with Comcast Ventures and WPP.

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As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

TechCrunch LA

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots. “I see two things happen.

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

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. Sales, Sony Music Entertainment, in a statement. . ”

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How Epoxy Is Helping Content Creators Make Their Video More Social

socalTECH

Los Angeles-based Epoxy (www.epoxy.tv) launched yesterday to help content creators do just that. Right now, what that means is a set of apps for distributing video out to Facebook, Twitter, and Instagram, and some tools to help engage and build audiences on the back end. That was my first, deep dive into entertainment.

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