Hollywood has been better known for making films and TV shows about the tech industry than it has been for being a part of it, but today a new enterprise is launching, backed by a major Silicon Valley venture firm, that hopes to hit pause on that image. Imagine Impact, a content accelerator that launched two years ago under production powerhouse Imagine Entertainment to impart a "Y Combinator" approach to sourcing new work and connecting it with production opportunities, has raised a Series A round of funding from Benchmark, the VC firm that has backed Uber, Twitter, Dropbox, Snapchat and many more -- funding that it plans to use to continue building out its accelerator model as well as launching new technology ventures, it said. With the investment, Imagine Impact is effectively spinning out of Imagine Entertainment, and rebranding as a standalone company called Impact Creative Systems.
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