M3X Media Raises $10.5 Million for Multimedia Software

Authored by Mark Hefflinger on February 25, 2009 - 8:13am.

West Palm Beach, Fla. - M3X Media, a developer of multimedia distribution, storage and playback software, announced on Wednesday that it has raised $10.5 million in new funding, from investors including the Agile Opportunity Fund.

Florida-based M3X's GruvMe service, currently in beta, "is a new technology platform that brings together all the popular forms of digital entertainment, downloadable music, music videos, interactive games as well as a multi-faceted social networking capability."

The software is compatible on both Mac and PC, as well as mobile phones, MP3 players and video game consoles.

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http://www.mthreex.com