[PEWeek has since corrected the amount of the funding. It is $5M, not $500,000. We've updated below.]
Donnorwood Media, a San Francisco online entertainment company, has raised $5M in convertible note funding from Battery Ventures and Transcosmos, according to a regulatory filing cited by PE Wire. Donnorwood publishes the online game Tringo, and also recently launched an avatar-building website called Meez.
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One Comment
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Games Dash said:
That’s actually a very interesting read, although not much to read. The online gaming industry is getting bigger as years tick by and investing money into a company that deals with games will help you a lot. Although saying this, $5M compared to $500,000 is a very big difference in funding.
