Mobenta Sorrent scores another $20 million in funding
"SAN MATEO, Calif., May 3, 2005 - Sorrent, Inc., a leading creator and global publisher of mobile entertainment, today announced that it has raised $20 million in Series D financing led by expansion-stage venture capital firm, Granite Global Ventures. Sorrent's current investors, including BA Venture Partners, New Enterprise Associates (NEA), Globespan Capital Partners and Sienna Ventures, joined Granite Global Ventures in the round. Hany Nada, a managing director with Granite Global Ventures, will join Sorrent's board of directors."