DEV, NYC?s New Seed Fund For Digital Media Startups, Announces First Investments

Here comes money for media startups: former MediaNet CEO Alan McGlade and VC Michael Yang are announcing the launch of a new NYC-based firm called DEV (Digital Entertainment Ventures) whose early stage capital fund which will invest in next-gen digital media companies. To kick off its launch, DEV is today revealing its first two investments, a live music platform called StageIt and mobile gaming company Mad Humans.

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