Mondo Media Musters Up $20M In Financing
Mondo Media, a leading creator and distributor of serial-based animated
content, announced Monday, February 14, 2000 that it has secured $20
million in its second round of financing. The newest round was led by
Macromedia and Foundation Capital. Additional funding partners in the round
included Sofinnova Ventures, Red Rock Ventures, Silicon Valley Bank and
Phoenix Growth Capital. Mondo Media also added new syndication partners
that include Excite@Home(link sends e-mail), AltaVista, AtomFilms and washingtonpost.com.