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Burbank-based SteamboatVentures , the venture capital firm backed by Walt Disney Co., According to Beijing-based Yoyi Media , it received a Series A investment on undisclosed size from SteamboatVentures and Gobi Partners. Yoyi Media provides targeted advertising and demographics to Chinese web sites.
Los Angeles-based SteamboatVentures has set its sights on the celebrity web space, and is the lead investor in a new round of funding for Fanzter , which operates the celebrity products site Coolspotters.com. According to Connecticut-based Fanzter, Steamboat's Dan Beldy joins the firm's board of directors.
The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.
socalTECH was a media sponsor of the conference). The conference, held at the Westin South Coast Plaza in Costa Mesa, featured pitches by eight different companies vying for the attention--and pocketbooks--of venture capitalists.
They focus on trying to drive engagbranded social media marketing campaigns (e.g. Investors: Emergence Capital Partners (Kevin Spain), OpenAir Ventures (Ron LeMay) , with existing investors SteamboatVentures, Voyager Capital. Tags: This Week in Venture Capital. Happy to see him get this deal done. OpenCandy.
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