Mobile Entertainment Publisher Blue Frog Raises $16 MillionAuthored by Mark Hefflinger on September 14, 2005 - 3:40am.
Seattle -- Blue Frog Mobile, a publisher of mobile entertainment for cell phones, announced on Wednesday that it has raised $16 million in its first round of venture capital financing. Canaan Partners led the investment round; MK Capital also participated. Seattle-based Blue Frog creates, aggregates and distributes mobile content such as ringtones, images, games and messaging services through sites including Ringtopia, Edge Tones, Mack Tones and Lemon Kiss. The company will use the funds to expand its content offering, strengthen its marketing and advertising activities and for product development.
http://www.bluefrogmobile.com |
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