Internet animation site MyToons secures venture capital funding

Mumbai: MyToons.com, the online animation community, has completed its second round of funding led by Syncom Venture Partners and Barshop Ventures.

The capital will be used to support MyToons’ continued technology infrastructure development and revenue growth, as well as expanded global partnerships. Launched in spring of 2007, MyToons.com provides global content creators with a platform to promote and share their original animations, artwork, and games with animators, enthusiasts and fans world-wide.

"MyToons presents a tremendous opportunity to address an underserved niche in the on-line content marketplace," said Syncom general partner Herb Wilkins. "The MyToons team has a clear view of what both animators and consumers are craving, and is moving quickly to deliver key services to address those needs. We look forward to helping take MyToons from early-adoption to mainstream consumption."

"We are thrilled to have Syncom Venture Partners join the MyToons team," said MyToons CEO and co-founder of Dan Kraus. "We now have two of the premier media venture capital firms as partners, as well as a world-class group of advisors as we look to improve and accelerate the ways animators distribute and profit from their content."

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