Burbank-based Steamboat Ventures , the venture capital firm backed by Walt Disney Co., According to Beijing-based Yoyi Media , it received a Series A investment on undisclosed size from Steamboat Ventures and Gobi Partners. Yoyi Media provides targeted advertising and demographics to Chinese web sites.

Los Angeles-based Steamboat Ventures has set its sights on the celebrity web space, and is the lead investor in a new round of funding for Fanzter , which operates the celebrity products site Coolspotters.com. According to Connecticut-based Fanzter, Steamboat's Dan Beldy joins the firm's board of directors.

Los Angeles-based content delivery network (CDN) EdgeCast has scored a big win, with Deutsche Telekom, the firms are set to announce today. The new CDN service is targeted at video, audio, content publishers, gaming companies, advertisers and others with need for streaming video delivery or web content acceleration. READ MORE>>.

Five good reasons to raise venture capital: Time to market is vital , and so is gaining market share, and raising capital is the best way to get there before others. Venture capital will bring critical, strategic relationships to bear on your business. semiconductors, advanced materials, biopharmaceuticals, etc.) All Rights Reserved