Tuesday, May 22, 2012

Google Funds Machinima

Mountain View-based Google is the lead investor in the latest round for Machinima, a developer of videogame-themed videos. Machinima, which is heavily featured on Google's YouTube video sharing site, said Monday that it has raised $35M in a financing round led by Google. The round also included Redpoint Ventures and MK Capital. Machinima is one of the most popular channels on the YouTube site, and one of the major original content partners powering Google's push for original content on YouTube. More information »