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Machinima.com Raises $9M for Entertainment Content

socalTECH

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. As part of the investment, Geoff Yang of Redpoint will join the firm's board.

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Southern California Investments On Uptick, Totals $686.5M For Q1

socalTECH

Southern California venture capital investments totaled $686.5M According to the report, released today, Southern California investments totaled $686.5M Southern California's investment totals bucked the national trend, which found that there was a 9 percent drop in dollars to $4.7 of the total invested in Q1.

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Report: Southern California Venture Capital Totals $464M In Q3

socalTECH

Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. billion invested in 780 venture capital deals for Q3. billion invested in the region. in investments.

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Interview with David Aronchick, Hark

socalTECH

Last week, we talked with Fouad ElNaggar of Redpoint Ventures about some of the interesting companies in Southern California. Hark is backed by Redpoint, and happens to be co-founded by Fouad. Was Fouad with Redpoint at the time? David Aronchick: He was being courted very heavily be Redpoint at the time.

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Looking At LA's Technology Future with Derek Norton

socalTECH

Derek Norton is head of Los Angeles-based Watertower Group (www.watertowergroup.com), a firm which helps companies raise funding, one of the rare companies which has a track record and good reputation helping companies with fundraising, and also runs its own investment fund. We also put together the Series B with Redpoint for Machinima.

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Interview with Robert Flynn, Aggregage

socalTECH

Back in the early days of LA venture capital, I was first an associate of a fund, and then partner of a fund, Entertainment Media Venture Partners. Entertainment is confusing--we didn't make investments in pure content plays. What we did was we owned television stations, radio stations, cable stations.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

Here it seems that entrepreneurs are coming out of business school, transitioning from corporate life, or hail from the entertainment industry. Whereas in Silicon Valley, you can have a V.1 In the bay area there are dozens of firms that are actively making investments. That’s typically not the case in Los Angeles.

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