MovieSet Inc. raises $3.5 million financing

On July 23, 2008, MovieSet Inc. announce that it had raised $3.5 million as part of a $5 million financing. The financing was led by Rho Canada, the Canadian venture arm of Rho Capital Partners Inc. of New York and followed by British Columbia Discovery Fund.

Based in Vancouver, MovieSet brings behind-the-scenes filmmaking online, providing movie fans with web access to authentic content while a film is in production through the Company's proprietary web-based software toolkit for producers.

MovieSet was advised in this transaction by Keith Spencer and David Ford of Fasken Martineau.