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Venture Capital News: MoviePass Snares $2.2M Funding

2014-09-29
NEW YORK, MoviePass has raised a $2.2M financing.
According to published reports, MoviePass has raised a $2.2M financing led by Chris Kelly and Structure Capital. Additional investors include AOL Ventures,True Ventures, Lambert Media, Moxie Pictures, Brian Lee, Diego Berdakin, MJ Eng, Ryan Steelberg, and Adam Lilling.

MoviePass lets you use your smartphone to see a movie a day in over 3,000 theaters nationwide for one low monthly fee. Whether they're midnight blockbuster premieres at a big theater chain or micro-budget indie films at your local mom-and-pop movie house, you can see them all without paying for tickets every time.
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