Fix8, for animated avatars, takes $2M
Fix8, a division of another startup called Mobinex, has taken a $2 million addition to its first round of funding for a total of $5 million.
The company makes interactive, animated avatars that can be used on the Internet or mobile phones, for video, instant messaging or social networking. With the help of a webcam trained on the user’s face, the avatars can mimic the user’s facial expressions in real-time, and also transmit their voices.
SK Telecom, a South Korean wireless provider, provided the $2 million. The other backer in the round was Vicker Financial Group, which is based in Singapore.
co:fix8, co:mobinex, inv:sk telecom
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.