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Wattpad secures $17.5m for its literate community
Wattpad, the Toronto-based online community of readers and writers, has secured $17.3 million in its Series B round of financing led by Khosla Ventures.
Award-winning talent Kickstarting 'Robota' game [with videos]
Sixits Studios announced it is entering a partnership with Academy Award winner Doug Chiang and DC Studios, and that their first project will be a mobile game called "Robota: Vengeance."
Habbo Hotel labeled 'pedophile haven,' loses key investor
Balderton Capital has checked out of Habbo Hotel following a scathing exposé of the virtual world’s failure to protect its young users against sexual material.
Tilki Raises $2.2 Million For AI Game Creation
GamesBeat reports: "Tilki, the AI game creation platform, has raised $2.2 million in preseed funding to democratize the making of video games. As the...
WeVideo aims for local TV creators, raises $19.1 million
Cloud-based collaborative video editing platform WeVideo has closed a $19.1 million investment round and unveiled new capabilities aimed at the needs of local TV.
Zimbio raises $8.9 million for entertainment-centric content
Zimbio Inc. has raised $8.9 million for its popular entertainment website Zimbio.com and beauty do’s and don’ts site StyleBistro.com, led by Menlo Ventures.
Guest Article: Success in SVOD Starts with Subscription Billing
The market for streaming video on demand (SVOD) is growing fast. A new report from Research and Markets predicted 306 million homes will use SVOD by 2020, up from an anticipated 161 million by the end of 2015. Moreover, by 2020, global SVOD revenue will reach $26,794 million, which is more than twice the total revenue expected in 2015. Many companies will successfully take advantage of this growing market, but others won’t make the cut. What makes a SVOD business successful?
Evernote secures a memorable $50 million to be a 'second brain'
Evernote won’t need its own service to remember today’s announcement that it has received a $50 million round of funding led by Sequoia Capital, with participation from Morgenthaler Ventures.
Mountain View-Based Evernote Raises $50 Million in New Funding
Mountain View, Calif. - Evernote, the Mountain View-based developer of a multi-platform tool designed to let users capture information in nearly any environment,...
Two of the three most-funded Kickstarter projects use Moai[with video]
The three most-funded Kickstarter projects are games, and two of them were developed using Moai Platform from Zipline Games.
