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Defy Media Creators Likely Out Of Luck

socalTECH

Now defunct, Los Angeles-based multi-channel content network Defy Media is unlikely to be able to pay the $1.7 One of the companies which had provided debt funding to Defy Media, Ally Bank, said recently that it expects to experience "a substantial loss" on its loan to the company. READ MORE>>.

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DEFY Media Snags $70M

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Los Angeles-based DEFY Media , a developer of YouTube channels and digital content, said on Tuesday that it has raised $70M in a Series B funding. The funding was led by Wellington Management Company LLP, and also included ABS Capital, Lionsgate, Viacom and ZMC (Zelnick Media Capital). READ MORE>>.

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A Seriously Great Story and Why We Funded Them

Both Sides of the Table

We are often asked how companies get funded, why VCs make the decisions we make and what we’re looking for in entrepreneurs. Andrew & Petri posited that a modern media company would build lovable characters that span video games, online digital media, lovable plush physical toys and then ultimately find its way to the big screen.

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Access 360 Media Raises $12M More

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Access 360 Media , a New York-based digital advertising firm with operations in Los Angeles, said Wednesday that it has raised $12M more in a Series C funding round. The firm said the funding will go towards acquisitions, new hires, and organic growth. READ MORE>>.

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Should Startups Announce Their Funding?

Both Sides of the Table

Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. But trust me on this.

Startup 355
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Pocket.watch Raises $15M For Kids Entertainment

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Los Angeles-based media brand Pocket.watch , which creates content for kids, has raised $15M in a Series B funding round, led by Viacom, the company said today. As part of the funding, Viacom Media Networks COO Sarah Levy joins the company's board of directors.

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Scentsa Gets Series A Funding

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Carlsbad-based Scentsa , a developer of an out-of-home advertising network, has scored a Series A funding from San Diego private equity fund Huntington Capital , Huntington said Tuesday. Size of the equity funding deal was not disclosed. The funding by Huntington was led by Tim Bubnack. READ MORE>>.

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