Former TV Academy president Rich Frank has invested in New Zealand-based mobile advertising company Hyperfactory, and also joined its board. “Investment was made with Paul Frank, current head of TV at the Firm, and Geoff Ross and Grant Baker, founder and chairman, respectively, of vodka brand 42 Below. Financial terms are not being disclosed but the money is described as “significant” reports Variety. Hyperfactory will use the money to increase its staff worldwide, and Frank’s expertise to open an office in Los Angeles and get introductions to studios, TV networks, record labels and other media companies.

• NZ-Based Mobile Marketing Firm Hyperfactory Sells Stake To Consortium