Quarterback gets $2.5 million to boost e-sports efforts; European Court rules against Netflix; Block 5 returns unscathed.

Quarterback Gets $2.5 Million to Boost E-Sports Efforts

Los Angeles-based Quarterback, an e-sports fan engagement platform, received a $2.5 million investment round from Bitkraft Esports Ventures, Crest Capital Ventures, Deep Space Ventures, UpWest Labs and other undisclosed angel investors, Forbes reports. The funding will go towards the software company’s development of a platform to help professional e-sports players monetize their brands.

European Court Rules Against Netflix

The Los Gatos-based content giant Netflix, which has corporate offices in Los Angeles, lost its case in the Court of Justice of the European Union, the Hollywood Reporter reports. The court ruled Netflix must contribute to Germany’s film subsidy program which funds local film and television production since it earns revenue from its German service.

Block 5 Returns Unscathed

SpaceX launched its newest Falcon 9 rocket, the Block 5, last Friday and Teslarati reports – with some great photos – that the rocket returned to Port Canaveral in pristine condition. The Block 5 carried Bangladesh’s first communications satellite.

Technology reporter Eli Horowitz can be reached at ehorowitz@labusinessjournal.com. Follow him on Twitter @coachhorowitz13 for the latest in L.A. tech news.

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