Avatar company Gizmoz raises $6.5M

Gizmoz, an Israel-based company that lets you create 3D avatars, has raised $6.5 million in a second round of venture funding.

DoCoMo Capital — a subsidiary of NTT DoCoMo, Japan’s largest cell phone operator — led the round, which Gizmoz plans to use for expansion in Asia. ngi capital and previous investors Benchmark Capital and Columbia Capital also participated.

Gizmoz is also unveiling a new partnership with AOL, which will allow AOL Instant Messaging users to animate… Continue Reading