Mobile content/game developer and publisher Glu Mobile (formerly Sorrent, Inc. and Macrospace Ltd.) has received a $7.5 million investment from Time Warner. This follows the $20 million in follow-on venture capital funding round in May led by Granite Global Ventures, with participation from BA Venture Partners, New Enterprise Associates, Globespan Capital Partners and Sienna Ventures.

Glu currently publishes original titles and entertainment based on major brands including Atari, Cartoon Network, FOX Sports, Nickelodeon, PopCap Games and Twentieth Century Fox. This investment from Time Warner will likely give Glu more ready access to content licenses from Time Warner, which could drastically improve sales.