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Machinima to raise $30m with help from Google

Machinima to raise $30m with help from Google

Tue 08 May 2012 7:20am GMT / 3:20am EDT / 12:20am PDT

Company will be valued at $190m; video site logged 1.61bn views in April

Video game network Machinima is currently raising around $30 million with some investment coming from search giant Google.

According to a report by the round of funding will close within a month and value Machinima at around $190 million.

Machinima's video game output aimed at the core 18-34 year-old male demographic reached 1.61 billion viewers in April 2012 with monthly unique views of 168 million.

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