The Mobile Media Company Secures $3.75 Million in New Funding

Aug 19, 2005

The Mobile Media Company, a global showcase developer and provider of personal broadcasting solutions, has announced the acquisition of a new round of institutional funding. The cash injection of $3.75 million is designed to enable The Mobile Media Company to expand its global operations and, in particular, increase the scale of its business in North America. The new round of funding was led by an undisclosed group of investors. The company's management team comprises a group of international professional content and broadcast technologists and wireless industry experts, including Mobile Media CEO Karsten Hauge. The Mobile Media Company delivers branded entertainment to over 500 million subscribers worldwide, and is partnered with major broadcast networks and channels around the globe.