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Sometrics Powers Virtual Currency Efforts

socalTECH

Los Angeles-based Sometrics , the virtual currency startup headed by Ian Swanson, released some user and traffic numbers this morning, saying that it has now provided more than 1 trillion virtual currency credits to game users. Sometrics is venture backed by Steamboat Ventures, Greycroft Partners, AT&T, and The Mail Room Fund.

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Venture Conference Highlights SoCal Startups

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Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference. Magnify360 was voted the best investment opportunity by both venture capitalist audience members and panelists.

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MuckerLab Takes TechStars Incubation To Los Angeles

socalTECH

A new, technology startup accelerator modeled after the TechStars venture incubator in Boulder said today it has launched, and will bring business acceleration to Los Angeles.

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Passenger Expands Board

socalTECH

Studenmund is an advisor focused on startups, rapid growth, turnaround, and merger and acquisition, and was previously Chief Operating Officer at Overture. The firm said Studenmund also has served as PayMyBills.com and First Interstate Bank, in addition to her time at Overture Services and Yahoo. READ MORE>>.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? We caught up with James Segil , the firm's President, to hear the story behind that big growth at the company. We've grown really fast.

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SoCal Venture Deals Up In Q2

socalTECH

Investments by venture capitalists in Southern California were up, both in terms of deals and dollars in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association (NVCA). in 91 investments, up significantly from the $451.8M Nationally, venture deals in the U.S.

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Join Us At Variety 2012 Venture Capital & New Media Summit

Tech Zulu Event

As traditional and digital media companies strive to build out a worldwide marketplace for their content, services and products, the event will answer how fundraising, investment and new technologies impacttheir strategies. Last July the Variety Venture Capital and New Media Summit was one of the best conferences of the year.