Chartboost, a San Francisco, CA-based provider of a games-only technology platform designed to help developers reach more users, has raised $19m in funding.
The round was led by Sequoia Capital, with participation from existing investors TransLink Capital and SK Telecom Ventures.
The company intends to use the capital to further develop its solutions. To this end, it is expanding its team (read here).
Co-founded in 2011 by CEO Maria Alegre and CTO Sean Fannan, Chartboost provides game developers with a platform that is designed to help them reach new users through cross-promotion, make money from their games, and collaborate directly with fellow developers through the Direct Deals Marketplace.
The company, which currently powers over 12,000 games, works with companies like Backflip, Booyah, Capcom, Com2us, Crowdstar, Gameloft, Gamevil, Get Set Games, GREE, Kabam, Kiloo, Natural Motion, Outfit7, Pocket Gems, Supercell, TinyCo, etc.
FinSMEs
08/01/2013