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Machinima Raises $35M

socalTECH

Los Angeles-based Machinima , the online video entertainment firm focused on computer gamers, said Monday that it has raised $35M in a financing round. The round was led by Google, along with prior investors Redpoint Ventures and MK Capital.

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Topspin Media's Gotcher Gets Emmy

socalTECH

Avid's Pro Tools -- based on Digidesign's products -- are an industry standard used for sound editing in the entertainment industry. Topspin, is run by Ian Rogers, the former GM of Yahoo Music, and is backed by Redpoint Ventures and The Foundry Group.

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

socalTECH

In Orange County, the biggest deals were for Irvine-based WaterHealth International , a developer of water purification products with $22.1M Media and Entertainment came in second, with $70.1M--but only because San Diego's SkinIt boosted totals by $60M. raised, and Irvine-based Brand Affinity Technologies , a. in funding.

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Networks In Motion Gets Patent

socalTECH

The firm said the patent covers technology used to keep its online director of businesses and entertainment venues up to date. Michael Sheha is the firm's CTO and co-founder; Angie Sheha is SVP of Strategic Planning and co-founder of the firm, and Petilli is currently the firm's EVP Business Development and Product Management.

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Thanks to socalTECH's Sponsors!

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Redpoint Ventures (www.redpoint.com). BASSETT Executive Search Solutions (www.BassettSearch.com) The confidential source for executive talent -- serving emerging growth company clients in the high tech, new media, entertainment and consumer industries. They include: Sponsors. Silicon Valley Bank (www.svb.com).

SoCalTech 100
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Looking At LA's Technology Future with Derek Norton

socalTECH

We also put together the Series B with Redpoint for Machinima. That's a byproduct of the entertainment industry. That might be virtual goods, or monthly subscriptions to services like handbags, shoes, baby products, children's products, anything. Those are two big gaming companies. Derek Norton: Technology is a commodity.

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

Jason Nazar

In the bay area it’s quite common for the entrepreneurs starting a company to be developers or technologists who can build the first versions of their products. He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away. Whereas in Silicon Valley, you can have a V.1

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