Machinima, a Los Angeles, California-based video entertainment network for gamers, has raised $35m in financing.
The round was led by Google Inc., with participation from existing investors Redpoint Ventures and MK Capital.
The company intends to use the capital to invest in content and global sales operations, international expansion, distribution strategies, and product and technology initiatives.
Led by Chairman and CEO Allen DeBevoise, Machinima is an entertainment network for gamers featuring official publisher content, gameplay videos and original content, including over 20 original weekly shows, all aimed at the coveted 18 – 34 year old male demographic.
17/06/2010: Machinima.com Raises $9M in Series B Financing