Brash Raising $150 Million+

Brash Entertainment LLC, an Atlanta-based video game startup, said that it is nearing a final close on more than $150 million in private equity funding. It also announced that it already has secured $6 million in initial funding, with a regulatory filing indicating that the money came in the form of convertible notes. Brash is run by former Massive Inc. execs Mitch Davis and Nicholas Longano, while initial backers include film producer Thomas Tull and former iXL Enterprises CEO Bert Ellis.