Emote Games has received an investment of 4 million from venture Capital firm, Electra Quoted Management Limited.
This initial investment will assist in funding organic growth and Emotes’ industry investment portfolio. Electra Quoted Management Limited has also undertaken to make further funds available to the company.
The rising popularity in digital publishing platforms such as Home, and the proliferation of connected hardware devices, means opportunities within publishing and distribution have evolved. The Emote model intends to bridge the widening media divide and take advantage of these emerging opportunities.
“Amid the rapid convergence of entertainment types in a maturing download market, the time is right for the introduction of the production based model,” says Emote Games CEO, Morgan O’Rahilly.