Emotive lands $6.25M, acquires mobile gaming co. Sennari

Mobile entertainment provider Emotive Communications raked in $6.25 million in second-round financing earlier this week, giving it the bump it needed to buy Sennari Entertainment, a developer of cell phone gaming and micro-payment services. The purchase price was undisclosed, but Sennari had raised about $17 million to date, reports VentureWire.

Based in Encino, Calif., Emotive had previously raised $7.7 million. Its investors include Mayfield Fund, D.E. Shaw Group and Bertelsmann Digital Media Investments.

Next Story:
Previous Story:

About the Author,

Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

blog comments powered by Disqus