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Posted by Dominic von Riedemann Jul 23, 2008 |
(Writer's Note: Once again, I'm using this space for a news story that's too short for a full article)
Animation website MyToons announced that they've received a second round of funding from Syncom Venture Partners and Barshop Ventures LLC.
The website, which bills itself as "the world’s premier online animation community," says it will use the cash to "support MyToons’ continued technology infrastructure development and revenue growth, as well as expanded global partnerships."
Syncom and Barshop Give MyToons Lots o' Cash
"MyToons presents a tremendous opportunity to address an underserved niche in the on-line content marketplace,” said Herb Wilkins, Syncom's General Partner, in the press release. “The MyToons team has a clear view of what both animators and consumers are craving, and is moving quickly to deliver key services to address those needs. We look forward to helping take MyToons from early-adoption to mainstream consumption.”
"We are thrilled to have Syncom Venture Partners join the MyToons team,” responded Dan Kraus, CEO & co-founder of MyToons. “We now have two of the premier media venture capital firms as partners, as well as a world-class group of advisors as we look to improve and accelerate the ways animators distribute and profit from their content."
What Is MyToons?
Launched in the Spring of 2007, MyToons is a website dedicated to giving aspiring and established animators a place to showcase their art, games and animated shorts online, network with fans and fellow animators, and enter the occasional contest. It currently boasts over 10,000 members showcasing over 12,000 properties online.
The site recently took the plunge into high-resolution HD streaming, and is using its current “Get with the Times” Contest in order to convince more animators to get on the HD bandwagon.