Zeebo Raises $8M
San Diego-based Zeebo, the game console maker backed by wireless giant Qualcomm and Brazilian video-game developer Tectoy S.A., has raised $8 million in a combination of equity, debt, and loans convertible to stock, according to a recent regulatory filing. The Zeebo consoles are available throughout Brazil and Mexico in a plan that Zeebo laid out last year. Consumers can buy inexpensive games, download them directly to the Zeebo, and access the Internet.
