Mobile Content Distributor Thumbplay Raises $6 Million

Authored by Mark Hefflinger on March 27, 2009 - 8:16am.

New York - Mobile content distributor Thumbplay has raised $6 million in a sixth round of financing, PEHub.com reported, citing a regulatory filing.

The company's shareholders include Brookside Capital Advisors, Cross Creek Capital, Bain Capital Ventures, Redwood Partners, New Enterprise Associates and Meritech Capital Partners.

The New York-based company previously raised $18 million in March 2008, and has raised a total of over $53 million.

Thumbplay went through a round of layoffs in November, which Silicon Alley Insider pegged at 25% of staff, but the company said was "measurably lower."

http://www.thumbplay.com