Chris Casacchia


dot.LA, the premier source for news and information about the Los Angeles tech scene, has been acquired by HouseVenture Inc., a technology and media startup founded in 2023 by Mike Chang, Adrian Delgado, Hailey Chang and Nick Thomas.

“We grew up in Southern California and see such huge potential,” Chang said. “I think it’s the perfect time for this tech ecosystem to explode.”

dot.LA was started in 2019 by Spencer Rascoff, co-founder of Zillow, Pacaso, and 75 & Sunny. After moving back from Seattle to LA, he wanted to bring more visibility and sense of community to LA’s tech scene.

“I'm proud of what we accomplished,” Rascoff said. “We wrote over 2000 stories highlighting the successes of the LA Tech ecosystem, we put on over a hundred events, and helped bring together the LA tech community.”

But Rascoff said the HouseVenture team is the ideal group to take dot.LA. forward in this next phase.

“Mike and his team are fellow LA entrepreneurs and founders, and have the energy and innovativeness to lead dot.LA through the next chapter,” Rascoff said “They are also community builders, and that’s perfect for the mission of dot.LA, which is to bring people together to lift up all LA startups.”

The HouseVentures team previously built two bootstrapped multimillion dollar proptech companies and Real Estate Mastermind, the largest online community for real estate agents in the world. They plan to double down on dot.LA’s community focus by launching a mobile app with a slate of new networking features.

“I don’t think people know how many tech companies there are in LA,” Thomas said. “Connecting everyone in the same place will be critical to help this ecosystem achieve its potential.”

HouseVenture is also planning to create a new dot.LA website and app devoted to bringing together people who work in real estate and tech. There will also be a dot.LA venture fund dedicated to investing directly in early stage LA startups and real estate companies.
Since launching eight months ago, HouseVenture has already achieved $1m in monthly recurring revenue.

Chang has spent time living and working in the Bay Area and Austin, but says he prefers Southern California.

“People come to LA to hustle and pursue a dream,” Chang said. “We want to help show LA is the best place in the world to build a tech company.”

🔦 Spotlight

Image Source: Disney World

Disney's $60 billion expansion of the parks and experiences business is being propelled by tech innovation at the Disney Imagineering unit, including the HoloTile Floor and the BDX droids from Star Wars. The HoloTile Floor, developed by Disney research fellow Lanny Smoot, enables users to move in any direction on a small patch of flooring using LiDAR technology. This tool serves as a design aid for Imagineers, allowing them to quickly visualize and navigate through models of new attractions or parks. Additionally, due to its ability to accommodate multiple movements simultaneously without collisions, Disney is exploring its use as a dance floor or stage platform.

The BDX droids, currently being play-tested at Star Wars: Galaxy's Edge in Disneyland Park, are interactive characters designed to engage with guests. Powered by batteries and guided by a human controller, these droids enhance the immersive experience in the park. Utilizing procedural or cinematic animation, Imagineers train the robots to imitate artist-provided motions within a short timeframe, making them adaptable to different scenarios and guest interactions.

These technologies highlight Disney's commitment to innovation in entertainment and immersive experiences. The HoloTile Floor facilitates rapid prototyping and visualization of new attractions, while the BDX droids enhance the interactive elements of theme park experiences. Both demonstrate Disney's ability to merge cutting-edge technology with creative storytelling to create unforgettable experiences for guests.

For the LA tech scene, these innovations underscore the region's leadership in entertainment technology. Los Angeles has long been a hub for the entertainment industry, and Disney Imagineering's groundbreaking work further solidifies the city's reputation for innovation in immersive experiences. As Disney continues to invest in and develop these technologies, it contributes to the growth and advancement of the LA tech ecosystem, attracting talent and fostering collaboration between entertainment and technology sectors. Moreover, these innovations set a precedent for other companies in the region, inspiring them to push the boundaries of technology and creativity to create unique and engaging experiences for audiences worldwide.

🤝 Venture Deals

LA Companies

  • AccessHope, a startup changing the way leading-edge cancer expertise is delivered, raised a $33M Series B from City of Hope - learn more
  • Bump, a financial management platform for creators, raised a $3M Seed Round from ImpactX, Capitalize, and Serac Ventures - learn more
  • Handl Health, a provider of health care price transparency tools, raised a $2.4M Seed Round co-led by Mucker Capital and Everywhere VC - learn more
  • General Galactic, a startup that makes methane from captured CO2, raised a $1.9M Pre-Seed Round from Box Group and Refactor - learn more

LA Venture Funds

📖 What We’re Reading

  • Kiki World Inc., an LA-based community commerce platform leveraging blockchain technology, announces new tools and applications for peer-to-peer communication, engagement campaigns, and community management - learn more
  • USC partners with Capital One to launch the USC-Capital One Center for Responsible AI and Decision Making in Finance - learn more
  • Immersive entertainment firm Cosm is opening a “Shared Reality” venue at LA’s Hollywood Park on June 29th - learn more

Happy 2024, dot.LA readers and tech enthusiasts!

We’re kicking off the new year with a profile of an early stage startup right at the intersection of Hollywood and Silicon Valley: CyberFilm AI.

Read on to learn about how Russell Palmer (an AI engineer and product manager) and his brother Andrew (a computer science major turned filmmaker) are building a company to lead Hollywood into the AI era.

CyberFilm sits squarely at the intersection of Hollywood and Silicon Valley, with some generative AI pixie dust sprinkled on top for good measure. The company does pretty much exactly what you’d expect, given the name. It’s a tool for filmmakers, using AI to help with the creation of screenplays and storyboards. The goal is not to replace human screenwriters and filmmakers (Andrew is one such human filmmaker), but rather to democratize feature filmmaking. So how did this all start?

Russell’s journey began in the city of Toronto, where he grew up watching movies like Ninja Turtles and Ghostbusters, which captivated his imagination as a kid. Alongside Andrew, Russell reenacted these films, immortalizing their performances with his father's VHS camcorder. This early creative outlet, balanced with his father's insistence on equal hours of reading, fostered a deep appreciation for storytelling and science fiction, with works like Ender’s Game, Dune, and the Foundation series leaving a lasting impression.

Russell’s Holy Trinity of Science Fiction Novels

Russell followed his interest in tech to college, where he studied electrical engineering and computer science. This educational foundation laid the groundwork for his initial foray into the professional world at Microsoft, where he began to explore the depths of artificial intelligence. Meanwhile, his brother followed a parallel path in the arts after receiving his degree in computer science, developing his creative side in film school and eventually working as an assistant director. This juxtaposition of technology and art within the family would later prove pivotal in the creation of CyberFilm.

In 2017, after 8 years at Microsoft as a product manager, Russell dove headfirst into AI, joining Viv Labs, a startup founded by the Siri founders, building a new AI assistant. Russell was the first PM at Viv and spent 3 years at the company until it was acquired by Samsung and became the new version of the Samsung AI assistant, Bixby. Side note - who knew that both the Apple and Samsung virtual assistants were built by the same people?

After a brief stint helping lead JP Morgan’s AI/ML Acceleration team, Russell took the entrepreneurship plunge.

The catalyst that led to CyberFilm was something that didn’t really hit headlines in the rest of the world until a year later: OpenAI’s GPT-3 model. Russell started playing around with GPT-3 a year before the release of the ChatGPT chatbot and knew it was a seismic shift in artificial intelligence. Russell wrote a blog post about how AI could impact Hollywood, started talking to other AI experts and Hollywood types, and CyberFilm was born.

Russell and co spent the next year working on CyberFilm’s core product, Saga. Saga’s first key feature is a screenwriting assistant. You can input all the building blocks of a story, from the characters, to the genre, to the story arc, and it will help you complete your first draft faster, with suggestions for dialogs or scene narration when you’re stuck, along with Hollywood story and character archetype patterns.

By spring 2023, Saga was ready for release. After working with screenwriters (including Russell’s brother Andrew) throughout the development process, they were pretty sure they’d have a receptive audience in the screenwriting community. Russell and Andrew released Saga… and the Writers Guild of America went on strike less than a month later (check out our coverage of the conclusion of the strike here).

Initially not a core focus of the strike, AI became the writers’ boogeyman. While writers on the platform continued to love the product, many other writers publicly denounced any and all AI. So Russell did what any good entrepreneur would when he realized the timing was wrong: he cut costs and got back to building.

Russell built out storyboarding as a new core feature of Saga. The storyboarding side of the product lets you create fully rendered storyboard images for any scene you want to develop based on simple prompts. The goal is to bring the tools (and teams) of a major studio to any indie filmmaker or even someone looking to create content for YouTube or Tiktok.

Fast forward to today, and Saga is now positioned to sit squarely where filmmakers want it: as an assistant not a replacement, like a writing room partner or a script doctor many in Hollywood use today. Now that the strike is over, writers have started flocking back to the platform to improve productivity, and the company is looking to raise a new round of capital to support its growth this year.

If you want to learn more about CyberFilm and Saga, shoot Russell a note at russellp@cyberfilm.ai.

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