For Your Imagination Raises $1M
For Your Imagination, a New York-based online video production and distribution shop, has raised $1 million in seed funding from ConsensusOne Ventures, in addition to the $1 million it raised from the same firm last year. The startup, which produces shows like Break a Leg and DadLabs, is now seeking Series A funding.
For Your Imagination CEO Paul Kontonis told us via email the company had gross revenues of $350,000 and net expenses of $850,000 last year. He said DadLabs is close to breaking even, and the rest of the company is showing growth.
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Break a Leg Paul!
Keep it going.
Tim Street on March 28th, 2008 at 4:17 pm - Permalink
[...] Your Imagination CEO Paul Kontonis told NewTeeVee today that the company’s gross revenue last year was $350,000 while their net expenses were [...]
Anchor Cove » For Your Imagination Receives an Additional $1 Million in Funding on January 9th, 2009 at 8:54 pm - Permalink