Sections

MoMinis raises $4.5 million in new funding

Second round of investment powered by success of its "mega-game" PlayScape

The MoMinis mobile platform has raised $4.5 million in a second round of funding from existing investors The BRM Group and Mitsui Ventures.

The new money comes in the wake of its successful "mega-game" PlayScape, a unified environment that provides transferable incentives, rewards and currency across more than 50 games.

"In a market where 99.99 per cent of mobile apps languish and disappear, PlayScape offers a solution for mobile game developers, providing distribution and discoverability," said BRM partner Eran Barkat in a statement.

"With 15 million downloads in three months, MoMinis' platform is poised to become a market leader in this high growth market."

MoMinis was founded in 2008. To date it has raised $9.2 million in funding.

Related stories

MoMinis rebrands itself as Playscape

After five years, MoMinis believes it's time for a new outlook

By Mike Williams

$6 million for MoMinis mobile business

Israeli company expands mobile mega-game portal empire

By Rachel Weber

Latest comments

Sign in to contribute

Need an account? Register now.