Home › content

Mobile Firms Waat Media, Charismatix Merge; Raise $12.75 Million

Authored by Mark Hefflinger on September 12, 2006 - 6:15pm.
Los Angeles - Mobile adult entertainment distributor Waat Media and mobile game publisher Charismatix announced on Tuesday that they have merged to form Twistbox Entertainment. The new company has raised $12.75 million in new financing, led by Spark Capital. Los Angeles-based Waat Media, which distributes adult mobile content from partners including Penthouse, "Girls Gone Wild" and Vivid Entertainment, will continue to operate as a separate unit within Twistbox, while Charismatix will be rebranded as Twistbox Games. The funds will be used to accelerate the development of the company's general entertainment category, expand distribution in Asia and explore possible acquisition targets.
http://tinyurl.com/fjtau
http://www.waatmedia.com
http://www.charismatix.net
http://www.twistbox.com
tags: Deals | Mobile | VC | Adult | Mergers | Waat Media | Charismatix | Twistbox |

add to:  del.icio.us  |  digg |  Yahoo! MyWeb  | Slashdot


Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.