Wavemaker names new executive in residence; Snapchat releases filters for your cat’s face; Cloud9 Esports raises $54 million

Cloud9 Esports Raises $54 Million, Plans New Headquarters

E-sports organization Cloud9 Esports Inc. raised a $53.6 Series B round today, the Business Journal Reports. Part of these funds will help Cloud9 build a Los Angeles headquarters that will double as a training ground and arena for Cloud9’s various teams. The funding round was led by Chicago-based Valor Equity Partners and included participation from Venice-based Reimagined Ventures, TrueBridge Capital Partners and Glassdoor Inc. founder Robert Hohman.

Wavemaker Partners Appoints New Executive

Trent Johnson, former director of Los Angeles practice at Seattle-based firm Slalom Consulting is Wavemaker Partners’ new executive-in-residence, Socaltech reports. Johnson joins the Sawtelle-headquartered venture capital firm to provide operating advice and support for Wavemaker’s portfolio companies located in both Los Angeles and Southeast Asia.

Snap For Your Cat

Snap Inc.’s Snapchat app now has a way to add its popular face filters to pets. According to Engadget, Snapchat is focusing on cats in a bid to keep its users engaged with the video and image-messaging app, after using 3 million daily users in just about three months. The cat face filters were announced Oct. 15, roughly a year after Snapchat introduced object recognition and included filters for dogs.

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