margin

PULSE ENTERTAINMENT ANNOUNCES SERIES B FINANCING FOR MOBILE PLATFORM EXPANSION
International investment syndicate provides growth capital and mobile expertise
March 22, 2007

  • San Francisco CA Pulse Entertainment, the leading provider of user-generated mobile messaging and entertainment services, today announced that it has received $7M in a Series B funding from an international consortium of investors including Anthem Venture Partners, Draper Associates, Shea Ventures, Hikari Tsushin Group in Japan, and several other Asian and European investors.

    “Pulse has long been a leader in 3D animation and user-generated content technologies.” said William Woodward, Managing Director of Anthem Venture Partners. “Its recent success in deploying highly scalable messaging and entertainment solutions with mobile operators around the world clearly demonstrates growing international demand for personalized multi-media services.”

    “Pulse has incredibly engaging solutions that enable viral mobile messaging.” said Tim Draper, Managing Partner of Draper, Fisher Jurvetson. “Not only are these solutions appropriate for mobile subscribers, but they also show tremendous promise for Web-based community services where personalization needs abound.”

    Pulse Entertainment solutions are powered by the patented Veepers™ Media System (VMS), a powerful media creation platform that allows for the automatic creation of user-generated content. The platform provides core 3D animation as well as video and image compositing technologies that power a wide range of automated mobile messaging and entertainment services.

    “We are extremely excited to have completed this capital raise in order to expand the core functionality of our technology platform and better support our distribution network of wireless operator customers,” said Paul Anderson, Chief Executive Officer of Pulse Mobile. “To have put together such a strong, international consortium of investors demonstrates the global growth opportunities ahead of us and provides yet another important validation milestone in the evolution of our business.”

    About Pulse Entertainment, Inc.
    Pulse Entertainment is a leading provider of multimedia messaging and user-generated content creation technologies for mobile and web applications. The Company’s patented Veepers™ Media System (VMS) platform automatically transforms static two-dimensional (2D) facial images into animated three-dimensional (3D) characters with synchronized audio - either recorded or via text-to-speech. VMS is also a powerful personalization engine for user-generated imaging and video entertainment services including animated picture messages, personalized mobile wallpaper, video ringtones, and much more. For more information, visit www.veepers.com.


Veepers Agent



banner