Latin American startup gets $1.3M for 3D social gaming

Zio Studios, a 45-person animation and gaming startup based in Bogotá, Colombia, has announced that local venture capital firm Promotora, has invested $1.3M in the company in a first round of institutional funding.  According to CEO Alejandro Gonzalez, the new funding will allow Zio Studios to execute on its vision of combining social media and 3D gaming.