Emotive Communications Raises $7.7M

Encino-based Emotive Communications has raised $7.7M in a venture capital round, the firm said this week. The round came from D.E. Shaw Group, Bertelsmann Digital Investments, Warner Music Group, and angel investors. Emotive is developing an interactive ringtone entertainment product, which connects to both mobile phones and VoIP services like Skype. More information »