GoDigital, a company that monetizes and distributes films online, has received a cash injection from investors at Preferred Ventures, the digital media fund founded by former Facebook and Experian Interactive executives.
GoDigital CEO Logan Mulvey said the company now plans to expand its digital distribution business with capital raised from FreeCreditReport.com founder and Experian CEO Ed Odjana's venture capital fund founded with former Facebook chief privacy officer Chris Kelly.
Odjana will become chairman of GoDigital's board and Kelly, who runs Kelly Investments, will join the board.
"There could be no better moment to secure this influx of capital," Mulvey said in a statement.