Neonga Closes Funding

Published On December 8, 2011 |

Neonga AG, a Berlin, Germany-based online games publishing specialist, has completed a new financing round of undisclosed amount.

The round was led by Tengelmann Ventures, with participation from existing shareholders High-Tech Gründerfonds and VC Fonds Kreativwirtschaft Berlin, managed by IBB Beteiligungsgesellschaft.

Founded in summer 2010 and led by Rolf Kloeppel (CEO), Benjamin Kaiser (CTO) Mario Wengler (CIO), Ralf Kloeppel (CFO), Martin Hirte (CWO) and Bjoern Koschin (CAO), the company publishes free-to-play Massively Multiplayer Online Games, which are offered free of charge as PC downloads, browser games, in Facebook or to be played on mobile handsets. The games are associated with item shops where players can acquire specific premium goods. Neonga has already launched three games A Mystical Land, World of Ants and recently DragonSoule.

The company intends to use the new funds for games’ international roll-out.

FinSMEs

08/12/2011

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