Monday, November 30, 2009

XENDEX Raises $3.5M in Second Financing Round

3:15 PM | , , ,

XENDEX, a Vienna, Austria-based games developer for handheld devices, announced it has closed a $3.5m second round of funding led by PONTIS Capital and a group of business angels.

This financing follows a $3.6m first round of capital raising announced by the company in June 2008.

The funds will be used to further grow the business and expand market opportunities in the next months.

Founded in 2001, XENDEX employs more than 40 people and operates offices in Austria, France, Poland, Bulgaria and the UK.

FinSMEs

30/11/2009

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