Wireless Entertainment Publisher Dwango Raises $3 Million

Authored by Mark Hefflinger on August 31, 2004 - 9:57am.
Seattle -- Dwango North America, a developer and publisher of wireless entertainment content, announced on Tuesday that it has raised $3 million in new funding from Weiss, Peck & Greer Investments. The investment follows an earlier aggregate funding of $5 million from Alexandria Investment Management. Seattle-based Dwango, the U.S. arm of Japanese firm Dwango Co. Ltd., has delivered games and ringtones to partners including Rolling Stone and ESPN. "This most recent investment will drive continued product development, brand acquisitions and international expansion to meet increasing global demand for our mobile entertainment content," said Dwango CEO Rick Hennessey.
http://biz.yahoo.com/bw/040831/315197_1.html 
http://www.dwango.com



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