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Dear Media Finds $8M

socalTECH

West Hollywood-based Dear Media , which is developing a podcasting network focused on female voices, said on Thursday that it has raised $8M in a funding round. The funding came from private equity investor Magnet Companies. Dear Media is led by CEO Michael Bosstick, and the company was co-founded with Raina Penchansky.

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Jukin Media Gets Strategic Funding

socalTECH

Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. Jukin Media''s YouTube channels include viral video channels FailArmy, JukinVideo, and CutiesNFuzzies. Jukin Media was founded by Jonathan Skogmo.

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Casa Verde Capital Raises $45M Investment Fund

socalTECH

West Hollywood-based Casa Verde Capital said this week that it has raised $45M in its debut, investment fund, which will specifically invest in the "ancillary cannabis" industry. The company's Managing Partner is Karan Wadhera. READ MORE>>.

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Silicon Valley Meets Hollywood

SoCal Tech Calendar

Monday, July 24, 2017 -- Silicon Valley Meets Hollywood. Connect with the founders of the Global Ventures Summit with special guests from Silicon Valley's venture capital funds and LA's social media influencers. Global Ventures Summit Pre-Event Mixer. See [link] (more)

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Loop Media Unveils Streaming Media Service, Backed By $10M In Funding

socalTECH

A new, Burbank-based startup, Loop Media , said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. The startup--which says it has been in "stealth" mode for over two years--says it is backed by $10M in seed funding.

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Loop Media Powers New Streaming Channel On XUMO

socalTECH

Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. Loop Media recently announced its "short-form" streaming startup, saying it raised $10M in funding. READ MORE>>.

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. “I n media and entertainment there are lots of isolated studios around the world.

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