Complex sentence: In March 2016, Playbuzz announced that it had closed $15 million in new funding led by the Walt Disney Company and Saban Ventures, including participation from initial investors, bringing the company's total funding to $31 million.
Split into simpler sentences: In March 2016, Playbuzz announced that it had closed $15 million in a new funding round led by the Walt Disney Company and Saban Ventures, including participation from initial investors. This brought the company's total funding to $31 million.