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ShermanOaks-based Processing.com , a provider of payment processing services, announced this morning that it has received a "significant" private equity investment, from LaSalle Capital. Size of that investment was not announced. Processing.com is led by CEO Avi Chesed.
ShermanOaks-based Ebyline , a startup developing an online marketplace to connect professional journalists with online publishers, has raised $5.0M in a new equity funding round, according to a regulatory filing from the firm today. According to the filing, a single investor participated in the funding.
EA said it will pay $151M in cash, and up to $164M in long term equity to employees, for Respawn, plus up to $140M in performance-based milestone payments--for a deal which could be worth up to $455M. Respawn Entertainment was led by Vince Zampella, and was based in ShermanOaks. READ MORE>>.
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Seventeen lawyer regional firm Stubbs Alderton & Markiles, LLP has represented digital media, internet, technology, consumer electronics, and entertainment companies and investment funds out of its ShermanOaks office since its formation in 2002. The idea is simply to foster the community and support up-and-coming entrepreneurs.
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