Gigaom | Video Game Net Machinima Raises $9 Million Second Round
Summary
Online game and entertainment network Machinima.com has raised a $9 million second round. Including this latest funding, Machinima has raised $11.2 million to date. In a statement, Machinima.com CEO and chairman Allen DeBevoise said the $9 million in proceeds will go towards expanding the scale, reach and engagement of its community. The company also wants to build up its marketing capabilities around new game releases. Machinima hopes to capitalize on the growth of online video.
Funding
Amount
$9.0M
Total raised
Date
June 15, 2010
Announcement date
Investors
-
Lead investors
Company
http://www.machinima.com
Funded company
Classifications
industries
Entertainment
applications
Anti Piracy
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