Deals

Twistbox gets around “adult content” problem with different site, raises $19M

Twistbox Entertainment, the Sherman Oaks, Calif. company that distributes adult videos and games, has raised $19.5 million to help it extend its offering into other gaming markets.

The company’s adult offerings are placed at a different site, Waat . The Twistbox site, meanwhile, offers all other types of mobile content. The funding was led by an affiliate of ValueAct Capital and other strategic investors. The company says it distributes content across more than than 100 mobile operators in over 40 countries.

Twistbox previously raised $12.75 million from investors which included Spark Capital.