Tech Company Financing Transactions
PlayPhone Funding Round
PlayPhone, based in Sunnyvale, scored $18.8 million from Scale Venture Partners, Cardinal Venture Capital and Menlo Ventures.
Transaction Overview
Company Name
Announced On
5/10/2007
Transaction Type
Venture Equity
Amount
$18,750,000
Round
Series B
Investors
Proceeds Purpose
This funding will allow PlayPhone to expand into additional international markets this year and to capitalize on its successes in the entertainment industry, where it has achieved the distinction of being the off-deck partner of choice for premier entertainment brands.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
100 Mathilda Pl. 160
Sunnyvale, CA 94086
USA
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Website
Email Address
Overview
PlayPhone is the pioneer of direct-to-consumer distribution for mobile games, ringtones and wallpapers. The company launched its business in 2003 with one of the first retail mobile entertainment product in the world, and has been innovating new, unique ways to bring compelling mobile content to consumers since.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/10/2007: Joost venture capital transaction
Next: 5/10/2007: Bioabsorbable Therapeutics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs