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Machinima.com Raises $3.85M

Los Angeles-based Machinima.com, an online web site focused on video games and entertainment, has raised $3.85M in a round of venture capital, the firm said today. Machinima said the round came from MK Capital and other private investors, and will go to fund business expansion. Machinima.com features news, articles, interviews, and more about animation and video game technology, filmmaking, and other related areas. In a related move, the firm said it has added Yair Landau, formerly head of Sony Pictures Digital, Joi Ito of Creative Commons, Matt Coffin of LowerMyBills.com, and Mark Terbeek of MK Capital to its board of directors. More information »