Thursday, December 13, 2007 10:28 PM
Today Inmagic announced a strategic investment of five million dollars in Inmagic by Edison Venture Fund
. This investment will be used by Inmagic to expand product development, marketing, support and global sales.
For those who are worried that Inmagic has been sold to the Edison Venture Fund, the answer is no, Edison is strictly a financial investor in Inmagic. In addition, your relationship with Andornot will not change either, due to this investment.
Read the press release
and the FAQ
on the Inmagic website for more details.