Benchmark

Web Video "Micro-network" Firm Next New Networks Gets $8 Million

Authored by Mark Hefflinger on March 8, 2007 - 12:40pm.

New York - Next New Networks, a distributor of Web video "micro-networks," announced on Thursday that it has raised $8 million in seed financing, led by Spark Capital.

Codemasters Appoints New Chairman, Gets Investment from Benchmark

Authored by Mark Hefflinger on February 3, 2006 - 6:39am.

London - U.K.-based video game developer Codemasters announced on Friday that Chirs Deering, former chairman and CEO of Sony Computer Entertainment Europe, has joined the company's board as non-executive chairman. Codemasters also announced that venture capital firm Benchmark Capital Europe has increased its investment in the company. Benchmark acquired 40% of the company in April 2005, and has now increased its stake in Codemasters to 70%.