SEATTLE-Mobile entertainment provider Dwango North America has raised $3 million in institutional funding from Weiss, Peck & Greer Investments, the company announced Tuesday.
The announcement comes on the heels of an earlier round that saw Dwango secure more than $5 million from Alexandria Investment Management.
“Mobile entertainment is one of the fastest-growing markets in the world, and we are pleased that Weiss, Peck & Greer Investments has chosen to invest in Dwango to capitalize on the rapid industry growth,” said Dwango Chief Executive Officer Rick Hennessey. “This most recent investment will drive continued product development, brand acquisitions and international expansion to meet increasing global demand for our mobile entertainment content.”
