Chinese Mobile Entertainment Titan Establishes Independent Entity to Pursue Development of Globally Accessible, IP-Based Games
BURLINGAME, CA — Feb. 1, 2016 — Publicly traded Chinese mobile gaming company Linekong Interactive (“Linekong Interactive”; HKSE: 8267) today announced that the company is investing $20M USD to expand its presence in the global mobile game market by establishing a western arm, Linekong US, Inc. This investment will help Linekong US establish partnerships and achieve its mission of building vibrant, globally-accessible mobile games that unite the best of western and eastern game design. Continue reading Linekong Turns to Global Market Opportunities, Invests $20M in Linekong US, Inc.
Led by Sapinda Group with contribution from Sallfort Privatbank, latest capital infusion will support continued global momentum and next phase of product development
LOS ANGELES – December 9, 2015 – Azubu, the global entertainment network focused on eSports, announced today it has closed a 55 million Euro round of financing, led by London-based Sapinda Group with contribution from Sallfort Privatbank of Switzerland. The new capital will help Azubu continue its rapid growth, expand into new global territories and drive the development of its next-generation platform, Azubu 3.0.
Continue reading Azubu Raises 55 Million Euros to Expand Global eSports Network
High-Comfort EEG-Empowered Headset Strives to Help Users Optimize Their Sleep
LONDON – May 26, 2015 – Kokoon Technology today raised over $400,000 for its first consumer product, a pair of ergonomic headphones that use medical-grade EEG technology to actively improve the wearer’s rest. Designed as the ultimate sleep companion, Kokoon headphones combine cutting edge comfort tech with medical-grade reactive sleep sensors, and have partnered with Onkyo and Pioneer Corporation to guarantee the highest quality of sound. The headphones are now available for pre-order on Kickstarter. Continue reading Kokoon Medical-Grade Sleep Tech Headphones Reverberate with Early Adopters; Exceed Funding Goal by 400% in Two Weeks
Top Grossing Digital Crossword Raises New Funding to Consolidate the Crossword Puzzle Market
NEW YORK – December 22, 2014 – PuzzleSocial, creator of the mobile game Daily Celebrity Crossword, today announced $3M in Series A funding. The round was led by new investor KiwiTech, and also included new investments from all seed stage investors, including former HBO president Thayer Bigelow, Mark Wachen of Upstage Ventures, and other leading NYC-based angels. Continue reading Daily Celebrity Crossword Developer PuzzleSocial Announces $3M Series A
New Funding led by Mithril Capital to Further Develop Industry-leading Mobile Event Apps and Expand Global Reach
SAN FRANCISCO, Calif. – Aug. 21, 2014 – Mobile event app leader DoubleDutch today announced the close of $19 million in Series D funding led by Mithril Capital Management. Previous investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated, along with Singapore-based Enspire Capital. Ajay Royan, co-founder and managing general partner of Mithril, joins the DoubleDutch board. Continue reading DoubleDutch Announces $19 Million in Series D Financing
Northgate Capital Leads Investment Round with Participation from DFJ and Returning Investor Sequoia Capital in Leading Mobile Developer
PALO ALTO, Calif. – Aug. 6, 2014 – Mobile game developer Kiwi, Inc. today announced that it has closed $15 million in Series B financing, led by Northgate Capital with participation from DFJ and returning investor Sequoia Capital. The Series B brings the total amount raised by Kiwi to $21 million. Kiwi has emerged as a top developer on Google Play, and the company will use the funding to invest in its next generation of cross-platform, AAA mobile titles while continuing to improve distribution and monetization practices that affect the entire mobile ecosystem. Continue reading Kiwi Closes $15 Million in Series B Financing
Mobile Commerce Startup Raises Funds to Drive Continued Growth, Expand National Infrastructure
NEW YORK – May 13, 2014 – Boxed, a mobile commerce company that provides the discounts of warehouse club shopping with fast, affordable delivery, has raised $6.5 million in Series A funding. Built by mobile industry veterans, Boxed is the first company to make ordering big box products simple, affordable, and hassle-free from a phone or tablet. Return investor Greycroft Partners and new investors First Round Capital and Signia Venture Partners led the round, with participation from ENIAC Ventures, Social Starts, BoxGroup, Owen Van Natta (former Facebook COO), and David Ko (Former Zynga COO).
Continue reading Wholesale Shopping App Boxed Announces $6.5M Series A
Mobile-based Warehouse Club Provides Free,
Fast Delivery with No Membership Fees
NEW YORK – Jan. 15, 2014 – Boxed, a mobile commerce company providing free, overnight shipping for warehouse club goods, announced today that it has added additional funding to its seed round, led by Greycroft Partners.
Greycroft joins previous investors Bessemer Venture Partners, ENIAC Ventures and Social Starts; the new raise brings the total funding to $1.5M.
Continue reading Wholesale Shopping App Boxed Announces Funding Extension from Greycroft Partners