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Funding Round-Up: Mogreet, Machinima.com
ADOTAS – Mogreet, a service that sends video greetings via SMS and MMS, has raked in $5 million in a Series B round of funding. Existing investor Draper Fisher Jurvetson Frontier participated, as did Ascend Ventures, Black Diamond Ventures and Spyglass Ventures.
Video game entertainment network Machinima.com has received $3.85 million in capital from MK Capital and other private investors to help fund business expansion. Machinima’s advertisers include EA, Hewlett-Packard, Intel, Microsoft, NVIDIA, Paramount Pictures, Sega, Universal Studios and Warner Bros.
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