Madrid - Spain-based mobile entertainment distributor mmChannel announced on Monday that Savia Capital Innovacion has acquired a minority stake in the company for an undisclosed sum.

The four-year-old company supplies digital entertainment platforms and business-to-business digital media distribution services for clients including Vodafone, Telenor and KPN.

"With this first funding from Savia Capital, we will continue to broaden our service portfolio and seek out new opportunities to help wireless carriers and record labels provide the latest digital entertainment solutions to consumers," said Cristobal Alonso, chief commercial officer at mmChannel.

Related Links:
http://www.mmchannel.com