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Los Angeles-based SteamboatVentures , the venturecapital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. According to Elemental, which is based in Portland, Steamboat was a new investor in its $7.5M, Series B funding round.
This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. I keep meaning to get him drunk to spill the stories.
Los Angeles-based SteamboatVentures , the venturecapital arm of The Walt Disney Company, has invested in a Chinese startup which provides web, video, and search analytics, Gridsum Technology. According to Gridsum, Steamboat led its Series A. Size of the funding round was not disclosed. READ MORE>>.
Burbank-based SteamboatVentures , the venturecapital arm of the Walt Disney Company, has re-upped its investment in San Jose-based Baynote , a developer of personalization and marketing software for the enterprise market.
Los Angeles-based and Austin-based GameSalad , which develops software to easily create iPhone and other iOS platform games, announced earlier this week that it has improved its overall communications and support tools for its users. GameSalad also has improved its contact forms and customer support and bug handling. READ MORE>>.
Los Angeles- and Austin-based GameSalad , the iPhone creation software firm, has raised $6M in another round of funding, the firm is announcing today. The round was led by SteamboatVentures, and also included Greycroft Partners, DFJ Mercury, DFJ Frontier, and ff Asset Management.
The "best of show" prize went to Magnify360, which develops software for optimizing content and web sites for specific users. Magnify360 was voted the best investment opportunity by both venture capitalist audience members and panelists.
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