Framestore Ventures had backed the online comics platform developer's series B round, before the latter announced its closure last month.
Madefire, a US-based comic book platform operator backed by visual effects studio Framestore, is closing down, TechCrunch has reported.
Founded in 2011, Madefire had built an online platform which enabled users to read digital comic books through a motion book format that incorporated moving images, text and sound.
In an announcement on its website last month, the company said it had entered into “an assignment for the benefit of creditors” which it described as an insolvency proceeding similar to a…
