Pasadena, US-based tablet mobile and gaming startup Industrial Toys scored $5 million in a Series A funding round from Accel Partners to launch a beta version of new title Midnight Star and add more content and titles to its portfolio.
Games/Entertainment
Capcom pours $78M into construction of two new R&D facilities in Japan
Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain more traction in the industry.
Amazon.com acquires New York digital comics distributor ComiXology
Seattle, US-based e-commerce giant Amazon.com acquired New York-based digital comic book distributor ComiXology for an undisclosed amount with plans to expand the newly acquired company.
German startup Toywheel uses augmented reality to create interactive toys for children
Berlin, Germany-based digital toy maker Toywheel has launched its first app which integrates the physical world with the digital world to create an interactive playground for children.
Station 12 raising $250M to back growth rounds of media tech startups in Europe
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
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Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed amount.
Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.
California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup Supernova.
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
London, UK-based gaming firm King priced its shares at $22.50 for its initial public offering (IPO) in New York, US, which values that company at over $7 billion.
Texas, US-based crowdfunding company Junction Investments will begin operating on Wednesday to allow wealthy individuals to invest online in fully-funded Hollywood movies, starting with Tom Hanks' "A Hologram for the King."
Glebe, Australia-based business-to-business (B2B) publishing firm The Intermedia Group added beer and cider consumer publication Beer & Brewer Magazine for an undisclosed sum to beef up its liquor title portfolio.
Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.
California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.
