Deals

Movie Set Inc. piles on $1.5 million more for total $5 million in Series A funding

Want to master the CMO role? Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited and we're limiting attendance to CMOs and top marketing execs. Request your personal invitation here!

Movie Set Inc. announced an additional $1.5 million from Vancouver-based British Columbia Discovery Funding, part of a total of $5 million in Series A financing. Charles Cook, manager of Discovery Capital Management Corp, will also be appointed to the board of directors at Movie Set Inc. Also participating in this round of financing is Rho Canada, the Canadian division of Rho Capital Partners, Inc. of New York, NY.

Movie Set Inc. is a web platform that movie producers can use to upload exclusive behind-the-scenes content to attract online cinemaphiles. The company intends to make money by selling advertising on the site, product placement, product placement, and selling props and movie memorabilia.  A quick glance at the site found mostly direct-to-DVD movies utitlizing the service for the moment — a prime example being infamous schlockmeiter Uwe Boll’s Postal.



VentureBeat’s VB Insight team is studying email marketing tools. Chime in here, and we’ll share the results.