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Thursday, September 23, 2010

MocoSpace mobile social gaming attracts $3.5M funding

By Michelle Lang

MocoSpace has pulled in a $3.5 million financing round from SoftBank Capital, which it will use to add to the Boston firm’s management team and grow its mobile-based social gaming options.

The company’s games platform attracts users to play one million games per month. With the new funding, MocoSpace said in a press release today that it plans to launch its own mobile browser-based social game and create game developer partnerships to broaden the game titles it currently hosts on its platform.

As part of the financing, SoftBank Capital managing partner Ron Fisher will join the MocoSpace board of directors.

The company, which has said it makes its money through advertising, has more than 14 million users and three billion page views per month. Its previous investors include General Catalyst, Pilot Group and angel investor Michael Dearing.


 

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