In-Fusio Raises $27M

Game publisher and service provider In-Fusio raises $27M in financing round led by Insight Venture Partners

August 4, 2004

1 Min Read

PARIS -- IN-FUSIO, the leading global game publisher and game services provider for mobile phones, today announced that it has raised $27 million in its latest round of financing. U.S. based venture capital firm Insight Venture Partners leads the funding, joining existing IN-FUSIO investors Banexi Ventures, Partech International, VPSA (formerly Viventures) and Innoven Partenaires. The capital raised will help to further secure IN-FUSIO's leading market share position in Europe, as well as its growing presence in the U.S. mobile gaming industry.

"As the only mobile game service provider, IN-FUSIO is unique in its ability to enable wireless carriers to triple the revenue generated by a player's cellular phone. No other mobile game publisher today can boast such results," said Gilles Raymond, co-CEO and President, IN-FUSIO. "This new funding is key to accelerating our U.S. expansion through a series of strategic North American acquisitions that we have already started to discuss."

"Beyond building our U.S. presence, these funds will be used globally to reinforce our service, technology and know-how in the unique field of player community management" added Giles Corbett, co-CEO of IN-FUSIO.

In-Fusio

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