As The LA Tech Scene Heats Up, Accelerator Amplify Raises $8 Million

Amplify is announcing its second fund, which is just over $8 million from yet another list of marquee investors.

From TechCrunch:

“Back in 2011, there were only a handful of startup accelerators and incubators in the burgeoning LA tech scene. Of course, as “Silicon Beach” has grown over the past few years, this has changed. Amplify was one of the initial accelerators that debuted a few years ago, with backing from big names like Eric Schmidt, reality TV king Mark Burnett and Accel Partners. Today, Amplify is announcing its second fund, which is just over $8 million from yet another list of marquee investors.

The list includes a mix of traditional tech investors and CEOs as well as a few well-known names in the media and entertainment worlds. They include Accel, Greycroft, Siemer Ventures, Deep Fork Capital, Karlin Ventures, Jarl Mohn (ex CEO of Liberty Digital), Ron Burkle (Yucaipa Companies), Jim Wiatt (ex CEO William Morris Agency), Ed Wilson (ex President Fox Television, Tribune and CBS), Ben Silverman (ex co-Chairman NBC Entertainment), Rick Barry (founder & CTO Sycamore Networks), Rob Glaser (Founder/Chairman Real Networks), Joe Lewis (head of Amazon Studios), and David Baron (VP of content Hulu), among others…”

READ FULL ARTICLE [web]

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