Gets $3 Million of Funding


Digital comics company,, announced on Tuesday it has received $3 million in Series A venture capital.

According to the press release, the lead investor is DFJ Mercury, a venture capital firm based in Houston, Texas. Dundee Venture Capital, of Omaha, Nebraska, Ludlow Ventures, which is based in Southfield, Michigan, and 500 Startup, of Mountain View, California, also invested, as well as several anonymous angel investors.

The company  plans to use the capital to provide additional features, such as audio commentaries, video, music and interactive panels. “Our community is looking for more than just an online digital comic store. They know that comics are not just colorful stories for children, but beautiful art, with deep story lines that are best experienced socially and interactively, that extend beyond the page. 2011 is the year we bring that into existence,” stated CEO Micah Baldwin.

“In 2010, we focused on bringing our community to as many digital comic publishers and creators we could, on every platform in existence, and they responded by downloading more than 600,000 copies of our applications in less than 5 months, and spending more than 20 minutes per visit,” said Baldwin. “In 2011, we are taking what we excelled in and combining it with our new funding to bring a greater immersive social experience and new ways to engage with the story and characters.”

Graphicly ended 2010 leading the industry with more than 150 publisher and creator relationships, including industry leader Marvel Comics, Archie Comics, Archaia Entertainment, IDW Publishing, Top Cow and BOOM! Studios, and was the only company to release applications for the desktop with Windows 7 and Adobe Air; mobile with iPhone, iPad, Windows 7 Phone and Android; and the web as a featured partner with the Google Chrome Web Store.

About Graphicly
Graphicly is a cutting-edge entertainment digital content delivery system and community platform, providing an immersive social experience and marketplace around digital comics and associated entertainment.

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