Mobile Entertainment Firm Airmedia Gets Investment from Sierra Ventures
San Francisco -- Airmedia, a developer and publisher of mobile entertainment applications, announced on Wednesday that it has raised an undisclosed amount in a new financing round from Sierra Ventures. Founded in 2003, San Francisco-based Airmedia has developed skill-based multi-player games, social communities and online entertainment destinations deployed by mobile network partners including AT&T Wireless, Cingular, Verizon, Alltel and U.S. Cellular. The company said it will use the funds to expand all areas of its business. http://www.airmedia.com/documents/SierraVentures_042705.pdf
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