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LA Gets Another New Startup Venture Capital Firm, 3Rodeo

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Los Angeles-based 3Rodeo , a brand venture capital investment firm led by former Hulu executive Noah Heller, says it is targeting investments in startups in Los Angeles. Size of the new fund was not announced. 2017 has been a banner year for new startup funds in Los Angeles as well as Southern California as a whole.

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Noah Heller, one of the chief architects of Hulu's virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed.

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Noah Heller, one of the chief architects of Hulu’s virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. Read More.

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Former Hulu Head Kilar's New Company, Vessel, Gets Funding

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Vessel , a new startup founded by former Hulu CEO Jason Kilar and CTO Richard Tom, has raised a round of funding from Benchmark Capital, Greylock Partners, and Bezos Expeditions. Benchmark''s Bill Gurley and Greylock''s David Sze have both joined the company''s board as part of the funding. READ MORE>>.

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Perch Gets Funding From Citi Impact Fund

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Los Angeles-based Perch, a startup which operates a service that lets users build their credit by paying for Netflix, Spotify, Hulu, and other services on credit, has scored an investment from financial giant Citi, via Citi's new Citi Impact Fund. Size of the investment was not announced. Citi announced the investment this morning.

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Hulu Investor Gets Big Gain As It Sells Stake Back To Hulu

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Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu , the firm said Friday morning, getting a nice return on its investment in the online video streaming site. Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week.

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Hulu Revives All My Children, One Life to Live

socalTECH

Fans of the once-cancelled soap operas "All My Children" and "One Life To Live" have a good reason to cheer today, as Hulu , the streaming video service based in Los Angeles, said it would bring the two soap operas to the service. Financial details of that investment were not disclosed.

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