Machinima raised a $24 million Series E investment round of capital, laid off 13 employees and shutdown some of its YouTube channels this week. The burst of activity is part of the video gaming focused media company’s ongoing effort to restructure.
JustFab, an online fashion retailer based in El Segundo just raised an $85 million Series D round, according to a report in the Wall Street Journal. This latest round values the company at $1 billion and brings total funds raised since launch to $250 million.
