NeoEdge Networks Obtains $3,000,000 New Financing

  • Feed Type
  • Date
    12/21/2010
  • 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
    Debt
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds from the funding will be used to expand their national sales team and to drive innovation in the social games space with new ad products that will gamify advertising and provide unique monetization services for developers.
  • M&A Terms
  • Venture Investor
    MMV Financial

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