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Science Inc. Gets $30M From Hearst

socalTECH

the technology startup incubator and studio headed by former MySpace CEO Michael Jones, has raised around $30M in funding from Hearst Ventures , the venture capital arm of Hearst Corporation, Hearst said this morning. Science is also backed by Tomorrow Ventures, Rustic Canyon Partners, and White Star Capital. Science Inc. ,

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Gaikai Signs Capcom

socalTECH

Los Angeles-based Gaikai said Tuesday that it has signed an agreement with Capcom Entertainment , to stream Capcom's games online. Gaikai--which develops videogame streaming technology--said the deal will allow Capcom to reach a broader audience. Financial details of the agreement were not disclosed.

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Gaikai Bolsters Exec Lineup

socalTECH

Los Angeles-based cloud-based game streaming service Gaikai has bolstered its executive staff, saying today that it has named Robert Stevenson as Senior Vice President of Interactive Entertainment, and Tim Wilson as Executive Vice President, Strategic Relationships. READ MORE>>.

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LA Mayoral Candidate Eric Garcetti to Keynote Inaugural Silicon Beach Fest

Tech Zulu Event

LA City Council Member Eric Garcetti will give the opening keynote for the inaugural Silicon Beach Fest , a celebration of digital innovators in startups and entertainment happening June 21 – 23. The moniker Silicon Beach refers to the technology scene in Los Angeles concentrated around the areas of Santa Monica and Venice.

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

socalTECH

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

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Intro to the LA Startup Scene

Tech Zulu Event

Investor Nate Redmond from Rustic Canyon Partners spoke candidly to the audience about the faux pas in approaching investors. Next up was Avesta Rasouli from Coloft , a coworking space that is considered to be the hub of LA Tech, focused on the elements that make for a great startup community; capital, talent and social networks.

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Thanks to socalTECH's Sponsors!

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Backing Southern California's next great technology companies. Binary Pulse Technology Marketing (www.binarypulse.com). We Create Demand for California's Technology Companies. Custom Insurance Programs for Technology Companies. Rustic Canyon Partners (www.rusticcanyon.com). Technology.

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