Monday, May 21, 2007

C9 Media Raises $750,000 in Seed Capital - Boston, MA

C9 Media, a Boston-based producer and distributor of interactive TV program content, has raised a $750,000 in seed financing from Dragonvest Partners, a China-based investment firm. The funding will be used to launch the company's interactive new media TV service across China, an announcement from C9 on Monday said. The company was founded in January. Its business model generates revenue from the fixed line and mobile telecommunications services associated with its interactive TV programs, and shares revenue with its TV channel and other partners.


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