August 17th, 2005 by Arjan Olsder Posted in Other news | No Comments »
Cellufun, LLC today announced the successful closing of its Series A financing, led by Vaux Les Ventures. The mobile gaming company will use the proceeds to accelerate the development and launch of its multi-player gaming portal, cellufun.com.
"The mobile game market is undergoing explosive growth," explained Miles Spencer, Managing Partner at Vaux Les Ventures and host of the popular PBS television show on business development, Money Hunt. "Our investors are excited about the opportunity to participate in a clearly differentiated player at an early stage of its growth." Mr. Spencer will join the Board of Directors of Cellufun and play an active role in its business development. Read on …