VMIX Raises $16.5M

San Diego-based VMIX, an online media sharing and social networking web site, said Wednesday that the firm has raised $16.5M in a venture round. The new funding came from JK&B Capital and ATA Ventures, along with prior investors Mission Ventures and Enterprise Partners. VMIX said that the funding will go towards the company's software platform. The firm said that it was represented by Revolution Partners in the transaction. More information »