NeoEdge Networks Obtains $4,000,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b95d8c5-ff27-4a64-a55e-09a8ae90dba4&Preview=1 -
Date
9/29/2009 -
Company Name
NeoEdge Networks -
Mailing Address
45 Broadway Street San Francisco, CA 94111 -
Company Description
NeoEdge is setting out to supercharge the video gaming industry by helping game developers and consumer services offer ad-supported video gaming to consumers. NeoEdge believes in providing consumers choice – to either purchase games without advertisements or to experience free, unlimited game play supported by advertising. The company works in close partnership with publishers, advertisers and consumer portals to offer unlimited, free play of unlocked video games and monetizes the hours of play with ads. -
Website
http://www.neoedgenetworks.com -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The new funding will help accelerate NEOEDGE’s advertising services revenue growth through the expansion of its advanced media solutions and acquisition of new premium online casual game titles. -
M&A Terms
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Venture Investor
Undisclosed
