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Riot Games Raises $8M

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Los Angeles-based Riot Games , a developer of online video games, announced today that it has raised a new, $8M round of financing. The round came from Benchmark Capital, FirstMark Capital, and Chinese online services firm Tencent. READ MORE>>.

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Patron Picks Up $90M For Games, Consumer, Web Investments

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A new, early-stage venture firm, Patron--which has one of its General Partners based in Los Angeles--said on Tuesday that it has raised $90M in a new venture capital fund. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz.

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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? How our VC Firms Like Ours Organizing to Meet the Challenges?

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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. 10 years ago we found ourselves trying to persuade LPs and VCs that it was worth spending more time getting to know the LA market and now the most common refrain that I hear from them is “there really is something going on in LA.”

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March Capital Backs Video Game Developer Wavedash Games

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The funding round also included Lowercase Capital, Advancit Capital, CourtsideVC, Machine Shop Ventures, Luma Labs, and Cherrytree VC. According to Wavedash, the new funding will go to grow its team and complete the development of its game, Platform Fighter. Wavedash is based in Oakland. READ MORE>>.

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Three Good Snags Seed Funding

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According to the company, notable pre-seed investors and partners include impact investor Pete De Mare and Guitar Hero founder Charles Huang and industry leaders from Cisco, Dell, Riot Games, and HTC. The company says it is using both artificial intelligence and traditional psychology to help companies beat employee burnout.

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Theorycraft Games Finds $37.5M

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Los Angeles- and Seattle-based Theorycraft Games, founded by veterans of Riot Games, has raised $37.5M The funding was led by NetEase, and also included NEA, Bitkraft Ventures, Griffin Gaming Partners, Sisu Game Ventures, as well as angels. in a funding round, according to the company.