Mondo Media gets mondo money
Mondo Media, a leading developer of digital content, has received a $2 million investment from venture capital firm, Sofinnova. The investment will fund the development of a line of Mondo Mini Shows - a series of animated and personalized, interactive, web-based cartoons. The shows will mirror the syndication model of newspaper comics where popular properties attract broad audiences on a repeat basis. "The syndication model is novel for the web, a proven success in other media," explains Randy Komisar, Mondo Media's Virtual CEO.