Monday, August 10, 2009
Masher Media Gains Angel Funding
Calabasas-based Masher Media, which is developing the online virtual world MyMiniPeeps.com for children, has received a round of angel funding from the Tech Coast Angels. According to the TCA, Masher Media has received $300,000 from the angel group in a round, which is open for a total of $500K in investments. MyMiniPeeps.com is targeted at kids 6 to 13. Masher Media is headed by Sherry Gunther, a veteran of the entertainment industry who produced The Simpsons, Rugrats, Family Guy, and the PowerPuff Girls. The TCA noted that Masher Media made its first presentation to the group on July 1st, and received noticed of its investment on July 31st.