Player X scores $10M in funding

Mobile media publisher and distributor Player X announced a second round of venture capital funding generating $9.85 million. The round was led by new investors Nordic Venture Partners and Long Acre Partners as well as original investor Arts Alliance. Player X said it will deploy the funds to accelerate its global mobile TV, video and gaming initiatives, with the news following on the heels of the December 2006 launch of its mobile television channel geekTV, available via UK operator 3.

For more on Player X's funding windfall:
- read this release