Airborne Technology Ventures has raised $500,000 in funding from mobile entrepreneur Skuli Mogensen for the company’s mobile media business.
The company, which is the parent of Airborne Mobile, takes content from major media brands, such as Fox’s Family Guy and the Food Network, and makes it available on mobile platforms. The funding is an add-on investment to the $2 million recently invested by iNovia Capital.
Mogensen will join the Montreal-based company’s board. The company was founded in 1999 and has 52 employees. It has raised $25 million to date from the company’s founders as well as iNovia. The company will use the money to secure new brand partnerships. The company has a number of brand partners and distributes its content with every major wireless carrier in North America.