PapayaMobile Garners $4,000,000 New Financing Round

  • Feed Type
  • Date
    6/23/2010
  • Company Name
    PapayaMobile
  • Mailing Address
    Undisclosed Menlo Park, CA 94025
  • Company Description
    PapayaMobile provides third party developers with an open-API, cross-platform mobile social networking service (SNS) focusing on social games and virtual goods.
  • Website
    http://www.papayamobile.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company is already profitable, and the new round of funding will be used to help it increase its developer community, further develop its social and gaming mobile applications, and expand the management team.
  • M&A Terms
  • Venture Investor
    DCM – Doll Capital Management

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