NeoEdge Networks Obtains $4,000,000 Series A Round

  • Feed Type
  • 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
  • Venture Investor
    Undisclosed