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GEM Token Fund has committed $ 100m to MoviePass for the launch of Mogul – Hollywood’ s first daily fantasy entertainment platform.
Deepwatch, a leader in AI-enabled, human-driven managed detection and response( MDR), has relocated its headquarters from Tampa, Florida, to Palo Alto, California.
MoviePass, a New York based technology company and its partner, C3 Foundation, has been undertaken to accelerate the development of Mogul which launched in beta earlier this month and lets film fans fans play the role of a studio head – predicting box office ranking, award outcomes and sentiment scores in a game that blends Hollywood knowledge with the competitive spirit of fantasy sports.
This strategic move is said to reflect the company’ s ambitious growth trajectory and commitment to advancing innovation at the intersection of AI and cybersecurity.
The new HQ is pitched as positioning Deepwatch at the center of the global technology ecosystem while maintaining strong operational roots in Tampa.
“ With Mogul, we’ re inviting fans to become players in the entertainment ecosystem,” said Stacy Spikes, Co-Founder and CEO, MoviePass.
“ Just as fantasy sports changed how people engage with sports, Mogul will redefine how fans engage with film and television. This investment gives us the runway to build something truly game changing.”
The investment from GEM comes in the form of a flexible capital commitment over twenty-four months that MoviePass can draw upon as needed to scale Mogul. Funds will be used to enhance platform features.
Rather than relocating entirely, Deepwatch is creating a bi-coastal presence that combines the Tampa office’ s operational excellence in security operations with Silicon Valley’ s innovation ecosystem – maximizing the company’ s reach and capabilities across both markets.
Proximity to key technology partners including Cisco, Google and Microsoft creates new opportunities for deeper collaboration and joint innovation initiatives that will benefit customers and advance the industry.
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Netflix Studios has broken ground at its state-of-the-art Production Facility in New Jersey
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Future Tech Enterprise, the Fort Lauderdale based global IT solutions provider, is the Dell Technologies Federal Partner of the Year for 2025.
Netflix plans to invest $ 1 billion to transform the 292-acre former US Army installation Fort Monmouth into a premier East Coast production hub. The development will feature 12 cutting-edge soundstages totaling nearly 500,000 square feet, with additional areas dedicated to supporting film uses and community amenities.
“ Netflix is proud to invest in American innovation and the creative community,” said Ted Sarandos, Co-CEO, Netflix.
“ We estimate that these studios will create thousands of jobs for New Jersey residents, billions of dollars in economic output, and many other cultural benefits to the region and state. The transformation of Fort Monmouth, largely vacant for over a decade, was announced by Netflix in 2022.
Demolition is expected to take around 13 months, and the studio is projected to open in 2028.
The prestigious award is presented to a partner who has exhibited remarkable growth, customer satisfaction and dedication to delivering cutting-edge technology solutions to the federal government.
This honor highlights Future Tech’ s contribution to advancing innovative solutions within the federal sector, demonstrating alignment with Dell Technologies’ core values.
Future Tech stood out for its“ unwavering commitment” to driving digital transformation and its ability to provide scalable, secure, and impactful solutions to meet the ever-evolving needs of federal agencies.
“ Future Tech was one of Dell Technologies’ first channel partners and being named the Dell Technologies Federal Partner of the Year for 2025 is a testament to the strength of our long-standing relationship and our shared commitment to delivering impactful outcomes for our federal customers,” said Bob Venero, CEO, Future Tech.
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