digitalorchid-375-09192006.jpgDigital Orchid has raised a new round of $245,292 for its wireless regulated gaming services and content business.

The San Diego company allows mobile phone users to engage in regulated lottery gaming, sports wagering and other content transactions for big brands. It runs, for instance, the mobile version of Mexico’s national lottery.

Investors include Shepherd Ventures of San Diego, NeoCarta Ventures of San Francisco, and Qualcomm.

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3 Comments

  1. Todd Allen said:

    I’m confused. Their website says they closed a $6MM B round at some point (although the link is broken). Why are they raising 240k?

    -T

  2. Andy said:

    What are thy going to do with the odd $292?

  3. May 16th, 2008
    4:16 pm

    al said:

    Buy lotto tickets…

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