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Digital Animation Studio CritterPix Lands $2.1 Million Bridge Note

Authored by Mark Hefflinger on April 14, 2005 - 9:33am.
San Rafael, Calif. -- CritterPix Studios, the 3D computer-generated animation studio behind the upcoming feature firm "Ollie the Otter," said on Wednesday that it has landed $2.1 million in convertible bridge note financing from the U.K.'s Laidlaw & Company. The studio now has raised a total of $4.45 million in seed funding, and plans to use the latest proceeds for script development as well as installing software animation tools and hardware platforms. "This funding gives us the flexibility to maintain our schedule for bringing our first movie… to the big screen," said Kelly Williamson, the CEO of CritterPix.
tags: Digital Animation Studio | CritterPix | Bridge Note |