Enjoius raises $1.4 million to bring its party planning services to you

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Committing to the $1.4 million round of funding were Nancy Tellem, the … More…

Do VC woes extend to portfolio companies? For Rothenberg, probably not

Joanna Glasner Contributor A couple of acquisitions involved companies that had already stopped offering their services. Generally speaking, if an early-stage company that is not known to be in distress gets acquired, backers make money. This seems to be the pattern for most of the Rothenberg portfolio company acquisitions to … More…

Startup studios go Hollywood as CAA launches Creative Labs

The ties that bind the tech industry and Hollywood continue to get tighter as the Creative Artists Agency launches a startup studio to develop new businesses with — and for — its roster of clients. Continuing a tradition that began with the incubation and launch of Funny or Die (alongside … More…

Petuum secures $93M Series B to push AI into the mainstream

With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital. Founded last year by Dr. Eric … More…

Iflix raises $133M for its Netflix-style service for emerging markets

Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. The investment was led by U.S. media conglomerate Hearst, which counts BuzzFeed, Vice and Roku among its investment portfolio. The group was joined by anothernew backerEDBI the corporate … More…