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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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.