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Animated Avatar Service Fix8 Gets $2 Million, Contract From SK Telecom

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Fix8, a video chat service that lets users talk via animated avatars, has raised $2 million from SK Telecom (NYSE: SKM), adding to the $3 million it raised last year from Vickers Financial Group. Both fundings are part of the same $5 million first round. In addition to the investment, the company has received a contract from SK Telecom to lead the operator’s efforts at enhancing the mobile chat experience. LA-based Fix8, a division of Mobinex, also has offices in China and Vietnam. Release.

Apr 3, 2008 9:02 AM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Companies, SK Telecom, fix8, sk telecom

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