Archive for the ‘Companies & M&A’ Category

Foursquare Raises $20 Million

July 1st, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Foursquare has announced a new round of funding in which the company received $20 million. Primary investors for this round of funding were Union Square Ventures, O’Reilly AlphaTech Ventures and Andreessen Horowitz.

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Twistbox Announces Debt Restructuring and Financing

June 29th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

NeuMedia, also known as Mandalay Media (OTC Bulletin Board MNDL) or Twistbox (or Waat Media) has announced debt restructuring plans as well as new investments to re-stabilize their finances.

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GetJar Bags $11 Million Investment

June 28th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

GetJar has received an investment of $11 Million in a series B funding round lead by Accel Partners. With the new funding, GetJar will be further growing its business.

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Ilkka Paananen Leaves Digital Chocolate

June 10th, 2010 by Arjan Olsder Posted in Companies & M&A, People | No Comments »

Though the news of his appointment only came out yesterday, Ilkka Paanananen has now announced to be leaving Digital Chocolate after six years of service for DC and four years for Sumea.

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Digital Chocolate Secures Financing

June 9th, 2010 by Arjan Olsder Posted in Companies & M&A | 1 Comment »

Digital Chocolate has secured several millions of dollars in their last financing round. The financing came primarily from Bridge Capital Holding, subsidiary of Silicon Valley based Bridge Bank.

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LemonQuest Returning to the Market!?

June 8th, 2010 by Arjan Olsder Posted in Companies & M&A | 3 Comments »

Though it seemed like the company went down early April 2010, it seems Lemonquest is re-activating their mobile games business as Jeannie Odreman, Key Account Manager at Lemonquest is looking for distributors.

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Glu Closes UK Studio!?

May 27th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Glu (GLUU) is shifting its focus more toward smartphones and that seems to have a direct effect on its developers, marketers and financial specialists in the UK if rumors are right…

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Ngmoco Acquires Stumptown

May 14th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Ngmoco has acquired yet another successful mobile developer called Stumptown Game Machine. Though the amount of the acquisition has not been mentioned yet, the future for the company will not change much.

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Financials: Gamevil Q1 2010

May 12th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Korean mobile games publisher Gamevil has reported KRW3.37 billion in profits for the first quarter of 2010. Next to a record profit for the company, it also reported record revenues.