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| watAgame Secures Second Round Financing Developer and publisher of mobile games, watAgame ApS (www.watAgame.com), has announced a successful second round of financing. Funding to be used for consolidating position as leading developer of community-based mobile games. The funding is led by investor SEED Capital Denmark (www.SeedCapital.dk). SEED Capital Denmark ? with a capital base of ? 42 million ? is the largest venture fund in Denmark within the pre-seed and seed segment, providing funding for high-potential companies. Financing is also contributed to by private investors and Vaekstfonden, one of the largest VCs in Denmark. Vaekstfonden, total capital base ? 300 million, is an investment company providing funding for fast growing Danish companies. watAgame intends to utilize the new funding to increase development of new product lines in addition to expanding global operations both in terms of distribution in new markets and also by providing key product marketing initiatives. write your comments about the article :: © 2005 Game News :: home page |