NeoEdge Networks, Inc., a provider of advanced digital media services in casual games for the PC, announces the closing of a $4.0m Series A financing round of venture capital.
The investment was co-led by VanEdge Capital, a fund focused on interactive entertainment and digital media and Jefferson Partners of Toronto, Canada.
Paul Lee, Glenn Entis of VanEdge and Byron Lee of Jefferson Partners will join the Company’s Board of Directors.
The funds will help accelerate NeoEdge advertising services revenue growth through the expansion of its advanced media solutions and acquisition of new premium online casual game titles.
The company is based in Mountain View, California, with sales offices in New York, Chicago, Los Angeles and Toronto, Canada.