Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.
Games/Entertainment
Brand new Manila-based Altitude Games secures $275K in seed funding
Altitude Games, a fresh mobile gaming studio based in the Philippines, has received $275,000 for its seed funding round to help it create its "original IP in the midcore game space," TechCrunch reported.
Shaquille O'Neal launches Indiegogo campaign for Shaq Fu video game sequel
Basketball superstar Shaquille O'Neal launched a $450,000 crowdfunding campaign via Indiegogo to redeem himself in the gaming arena and create a follow-up of the Shaq Fu video game which was released in 1994 and was heavily criticized for being a big flop.
Walt Disney Studios inks deal with Shanghai Media Group Pictures to grow presence in Chinese entertainment
An agreement was entered into between Walt Disney Studios and Shanghai Media Group Pictures to allow writers and filmmakers in the US and China to work together in producing Disney movies with Chinese themes, Reuters reported.
Sony Computer Entertainment honcho Jack Tretton steps down
Sony Computer Entertainment America (SCEA) honcho Jack Tretton is stepping down as the head of the US PlayStation division as part of an agreement with SCEA not to renew his contract.
Latest News
Viddsee, an independent film platform based in Singapore, has forged a content partnership agreement with Yahoo to bring Asian independent films to a wider audience, TechCrunch reported.
New York City, US-based HTML5 game developer and distributor TreSensa bagged $2 million in a Series A funding round led by Caribou Asset Management to continue distributing games for mobile browsers.
New York, US-based YouTube monetization platform Audiam pocketed $2 million in a Series A funding round led by music industry big names Jason Mraz, Jimmy Buffet, Bill Silva, Brett Gurewitz, and Bad Religion.
Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
In a deal that marks its second investment in Southeast Asia, SoftBank Ventures Korea poured an undisclosed amount into Bangkok, Thailand-based online game operator Ini3 Digital to acquire a 23% equity in the said company.
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.
In what seemed like an indication of the dominance of Sony's PlayStation 4 over Microsoft's XBox One, the video game console of the Japanese company sold 6 million units globally in less than four months, VentureBeat reported.
Aalborg, Denmark-based game developer Interceptor Entertainment acquired Texas, US-based video game publisher 3D Realms (Apogee Software Ltd), the creator of Duke Nukem, for an undisclosed amount.
