Twistbox gets around “adult content” problem with different site, raises $19M
Twistbox Entertainment, the Sherman Oaks, Calif. company that distributes adult videos and games, has raised $19.5 million to help it extend its offering into other gaming markets.
The company’s adult offerings are placed at a different site, Waat . The Twistbox site, meanwhile, offers all other types of mobile content. The funding was led by an affiliate of ValueAct Capital and other strategic investors. The company says it distributes content across more than than 100 mobile operators in over 40 countries.
Twistbox previously raised $12.75 million from investors which included Spark Capital.
Next Story: French video-sharing company Kewego raises $6.9M
Previous Story: BroadLight, supplier of passive optical network equipment, raises $12M
Tags: co:Twistbox, co:Waat, deal, inv:Spark-Capital, inv:ValueAct-Capital
About the Author, Matt Marshall
Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.
VentureBeat Writers
- Matt Marshall, Editor-in-Chief
- Dean Takahashi, Lead Writer, GamesBeat
- Anthony Ha, Assistant Editor, VentureBeat
- Camille Ricketts, Lead Writer, GreenBeat
- Paul Boutin, Writer, VentureBeat
- Kim-Mai Cutler, Writer, VentureBeat
- Matthaus Krzykowski, Mobile Consultant & Coordinator
VentureBeat Start-Up Index
An index of the hottest startups, measured by trends in their traffic, news coverage, buzz and funding.