AniBoom Has Confirmed $10 Million Funding Series B
â€œThe new media content space and specifically animation, is growing at an explosive rate,” stated Andreas Stavropoulos, Managing Director at DFJ. “aniBoom created a disruptive model harnessing the power and reach of digital distribution to generate tremendous opportunities for animated content created by a massive network of independent professionals around the globe.â€
aniBoom, an animation social network for creative minds to collaborate on cartoons has raised a big round of funding at $10 million Series B.Â AniBoom is based in Israel and the funding was led by Draper Fisher Jurvetson.Â DFJ Tamir Fishman Ventures and previous investor Evergreen Venture Partners also participated in this round.Â aniBoom raised $4.5 million in February 2007.Â
aniBoom was started in 2006 by Uri Shinar.Â Uri is also the CEO of the company.Â aniBoom wants to become the YouTube of animation according to TechCrunch.
aniBoom has over 4,000 independent creators across 70 countries.Â These artists are all working together to help making a music video for songs on Radiohead’s “In Rainbows” album through a contest.
â€œIn teaming up with DFJ and DFJ Tamir Fishman Ventures, we are proud to partner with one of the top venture firms in the world,â€ stated Uri Shinar.Â â€œaniBoom is the innovator of the now very hot virtual digital animation studios and animation incubation model, and to see the major media and entertainment powers following suit is a strong endorsement of our vision.â€
Aniboom is located at www.aniboom.com
ÂThis article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry