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Riot Games Wins $10M In Lawsuit Against Software Maker

socalTECH

Los Angeles-based online game maker Riot Games has won $10M in a lawsuit against software maker LeagueSharp , as well as a court ban on LeagueSharp's software tools. READ MORE>>.

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Esports One Wins Riot Games Brazil

socalTECH

Santa Monica-based Esports One , which develops data and analytics software for the esports industry, said on Tuesday that it has partnered with Riot Games. Esports One said it will provide real time stats and data to Riot's League of Legends broadcasts in Brazil. Financial details of the deal were not announced.

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Riot Games Clears CEO In Misconduct Allegations

socalTECH

Los Angeles-based videogame developer Riot Games said on Tuesday that a special committee has cleared its CEO, Nicolo Laurent, of alleged misconduct. Riot Games said that it hired an outside law firm, Seyfarth Shaw LLP, to investigation the allegations.

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Three Good Snags Seed Funding

socalTECH

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it is raising $2.5M in that funding. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.

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Three Good Snags Pre-Seed Funding

socalTECH

Los Angeles-based employee wellness and artificial intelligence (AI) software developer Three Good announced that it has raised a seed funding round. The company says it has raised $700K in that pre-funding. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.

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Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

I built my first software company in the early days of SaaS and there were few models to go by. One thing I observed was that many customers wanted an “on premise” version of our software and were willing to pay extra money for it. In the long run it will be cheaper, better maintained and even more secure.”

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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018? We're already seeing strong engineers and founders from Snap, Riot Games, Musically and others launch their new startups in LA. We've always known how important it is as VCs to invest in founders.