Machinima Raises $3.4M

Los Angeles-based Machinima, which operates a video entertainment network for video gamers and develops associated animated content tools, has raised $3.4M as part of an ongoing, $5.0M fundraising round, according to a regulatory filing from the firm. Source of the new funds have not yet been announced by the company. Machinima is venture backed by Redpoint Ventures, MK Capital, and others. More information »