Big Bear Entertainment, animated music video creator, raises $550,000

Big Bear Entertainment raised $550,000 in its first round of funding from El Dorado Ventures and Optix Pty Ltd., according to a regulatory filing.

The Tiburon, California-based company makes video mods — animated music videos — and produced a series for MTV2. The video mods are based on the convergence of animation for games and animation for television.

Nzone has an interview with Big Bear’s Tony Shiff, for those interested in the technical specs behind video mods.

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About the Author, David Adewumi

David Adewumi, Founder and Chief Storyteller of http://heekya.com, leads the overall vision and product strategy for the start-up dubbed the ‘Wikipedia of Stories.’ For the past year, he has been a contributing writer for VentureBeat, with a focus on digital music and social start-ups. Previously, he led sales & product development for Lomic, Inc. an oil & natural gas software firm. David has served in the US Army as an Airborne Infantryman, before being appointed to the US Military Academy at West Point. He attended the Pennsylvania State University, where he pursued a degree in Economics.