Emotive lands $6.25M, acquires mobile gaming co. Sennari
Mobile entertainment provider Emotive Communications raked in $6.25 million in second-round financing earlier this week, giving it the bump it needed to buy Sennari Entertainment, a developer of cell phone gaming and micro-payment services. The purchase price was undisclosed, but Sennari had raised about $17 million to date, reports VentureWire.
Based in Encino, Calif., Emotive had previously raised $7.7 million. Its investors include Mayfield Fund, D.E. Shaw Group and Bertelsmann Digital Media Investments.
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