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Qualcomm, Disney, UTA Back The VOID For VR Entertainment

socalTECH

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.

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Lionsgate Invests In Finnish Game Developer

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Santa Monica-based entertainment company Lionsgate has made an investment in a Finnish game developer, Next Games , as part of a strategic partnership, the studio said this morning. According to Lionsgate, the investment comes as part of an extended Series A financing round for Next Games. READ MORE>>.

Invest 138
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March Capital Backs Nifty Games In $3M Funding

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Santa Monica-based venture investor March Capital is one of the lead investors in a new, video game publishing startup called Nifty Games , in a $3M funding round, announced on Tuesday by Nifty Games.

Capital 113
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Fair Boosts Executive Team

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Santa Monica-based vehicle subscription startup Fair , led by longtime automobile and startup veteran Scott Painter, is boosting its executive team, saying on Monday that it has added three new executives to its team.

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LionsGate Extends Into Video Games, Interactive Media

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Santa Monica-based movie and entertainment company Lionsgate said late Wednesday that it is expanding into a new line of business, and has launched a new, interactive and game arm. He also had been at Creative Artists Agency, Walt Disney, and Bellrock Media. READ MORE>>.

Media 159
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

In 2016, our Santa Monica office more than doubled market share of early-stage companies. One example is Santa Monica-based hardware company, Ring, who transitioned to a hybrid business model that now includes recurring revenue. In the interest of full disclosure, Headspace is a client of SVB Santa Monica.

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SPACES' Shiraz Akmal On Making VR A Real Life Experience

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Santa Monica-based SPACES (www.spaces.com), led by CEO Shiraz Akmal and a team of entertainment veterans from Dreamworks Animation, is hoping to do that with a series of physical attractions, powered by VR technology. Comcast led our investment round, and the former CFO of Dreamworks joined us soon after.