Monday Fundings: Live Gamer Raises $24 Million, Streamezzo Raises $22 million

Two decent-sized fundings were announced today. Paris-based Streamezzo raised $22 million in a C round led by a Kuwaiti investment group, NTEC. That brings the total capital put into the firm, which sells technology for mobile-TV and rich-media streaming applications, to $48 million. Other investors include Sofinnova Partners, AXA Private Equity, and Qualcomm.

Live Gamer came out of stealth today with a $24 million A round from Charles River Ventures, Kodiak Venture Partners, and Pequot Ventures. Live Gamer wants to create an eBay for virtual goods used in online worlds and videogames. It faces fierce competition from 6th grader Arjun Mehta, who raised $6.5 million in September for MMOG marketplace PlaySpan.