Home › DMW Daily › August 3, 2007

Hoodiny Entertainment Group Raises $9 Million

Authored by Jay Baage on August 3, 2007 - 5:19am.
Miami - Hoodiny Entertainment Group, a full-service digital entertainment and content production company, and parent of elHood.com, has raised over $9 million from investors in the United States and Spain.

Hoodiny intend to use to money will enable continue with its geographic expansion and the development of social networking solutions for leading media companies. With the close of this latest round, Hoodiny has raised a total of $11 million of equity financing during the past twelve months.

In June, the company announced a strategic alliance with Billboard - allowing Hoodiny-powered sites to have unique access to Billboard's content, while translating it to Spanish and Portuguese. Additionally, under the agreement, Hoodiny will leverage Billboard's U.S. digital sales organization to generate advertising revenues.

Related Links:
http://www.hispanicprwire.com/news.php?l=in&id=9181&cha=14
http://www.hoodiny.com/

Published in DMW Daily, August 3, 2007
tags: Deals | Internet | VC | Europe | Spain | Hoodiny |

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.