Machinima nabs $3.8 million for gaming site

Machinima Inc., whose Web site shows videos of video games, on Thursday said it raised $3.85 million from MK Capital and other private investors to help fund its expansion. Machinima.com has a fairly straight forward concept and business model--game makers pay it to run videos to promote their games. It also makes its own computer-generated animation videos based on games, some of which are very clever. The company serves more than 30 million videos per month. -- David Shabelman

See Nov. 6 press release from Machinma.com

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