Ripe Digital Entertainment Announces $32 Million Series B Investment

Oct 13, 2006


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On Demand television and entertainment Ripe Digital Entertainment (RDE) has received $32 million in Series B financing from Hearst-Argyle, Time Warner Investments, Columbia Capital LLC, and Rho Ventures. RDE will utilize this infusion of capital to launch additional On Demand television networks, build its broadband and mobile strategy, and accelerate its development of measurable advertising and programming.

(www.ripedigital.com; www.hearstargyle.com; www.timewarner.com/corp/businesses/detail/tw_investments/index.html; www.colcap.com; www.rho.com)