Here's another local tech company you probably have never heard of. MasterImage 3D, which is developing 3-D technology for mobile phones, tablets, PCs and movie theaters, has received a $15-million investment from Samsung Ventures, a division of the South Korean consumer electronics giant that sells 3-D television sets. From the LAT:
Founded in Seoul, South Korea, in 2004, MasterImage employs 100 people, inluding 20 in L.A. Another 40 to 50 workers will be hired in L.A. as a result of the new investment, said Chairman and CEO Younghoon Lee, delivering a welcome boost to Southern California's post-production sector, which has been hit hard by job losses in recent years.