Wemo Media Lands $2,138,986 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19a20d3b-ae27-4342-a67c-9953bc5cb3f1&Preview=1
Date
10/4/2012
Company Name
Wemo Media
Mailing Address
Undisclosed Los Angeles, CA 90049
Company Description
Wemo Media is a small team of developers and artists pioneering a new form of art and entertainment on the Web called “Maker Media”.
Website
http://www.wemomedia.com
Transaction Type
Venture Equity
Transaction Amount
$2,138,986
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. The amount sold include $753,986 which is a total of debt and interest cancellation in connection with the conversion promissory notes. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed