MUMBAI: Starz Media is one of the contributors of the more than $1 million funding secured by Graphic.ly, a digital comic book publisher and community platform.
Further investors for this round of funding, which was lead by DFJ Mercury, included Northstar Equity Investors and GC&H Investments. Individual investment contributions were received from David Cohen, Chris Sacca, Jake Nickell, Paige Craig and Dave McClure.
The funds will be used by Graphic.ly to expand development and marketing efforts and begin work on content partnerships.
Said Starz Media senior VP of digital media business development and strategy Marc DeBevoise, "In our business, we have seen digital media transform the way consumers learn about, interact with and ultimately view television and movie content. We see this transformation as a key opportunity in various forms of content. We are excited about the investment in Graphic.ly and its approach to bringing this kind of change to the comics and publishing world."
Averred Graphic.ly chief scientist and co-founder Kevin Mann, "While we are excited to bring publishers such as Marvel to the iPhone, we are more excited about allowing readers to engage and access their libraries and exclusive content wherever and whenever they desire."