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Scvngr Inc. announced this morning it has raised $15 million in a round of financing led by new investor Balderton Capital, a European private equity firm. Existing investors Highland Capital Partners and Google Ventures, the venture arm of Google Inc. (Nasdaq: GOOG), returned to participate in the round, which valued the two-year-old company at $100 million, according to a TechCrunch report.
Scvngr makes mobile check-in games, which it provides as a white-label service for business customers, and publishes itself direct to consumer. The new money brings Scvngr’s total VC investment to near $20 million, and adds some international breadth to the Boston startup’s board of directors. Barry Maloney, a partner at London-based Balderton Capital, will join Scvngr’s board of directors. Last spring, Scvngr began expanding overseas last spring, on the strength of a $4 million financing round led by Google Ventures, closed in December 2009.
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