Challenge Games raises $10 million for web-based role-playing games
Browser-based fantasy game company Challenge Games has raised a $10 million second round of funding.
Globespan Capital Partners led the round, which came just two months after the company raised $4.5 million in a first round. Sequoia Capital led the previous round and participated in this one as well.
The Austin, Texas-based company has two “quick fix” role-playing games, Duels and Baseball Boss, that run in a web browser. They are free games that encourage the trading… Continue Reading
Vodafone, Telefonica select Amobee for mobile ads — fend off Google
Amobee Media Systems, a San Francisco company building advertising technology for large wireless carriers, has won investments from two large carrier groups, Vodafone and Spain’s Telefonica.
The move reflects how Vodafone and Telefonica are taking steps to defend themselves from players like Google and Yahoo, which also see the huge potential in the emerging mobile advertising market. Increasingly, ads are being used to deliver everything for free over the mobile phone, from games, movies, SMS services… Continue Reading