Kobojo, a Paris, France-based social gaming start-up raised $7.5m (approximately €5.3m) in its first round funding.
The round was led by Endeavour Vision, with participation from IDinvest Partners.
The company intends to use the funds to accelerate its development in France and internationally, in particular in Spain and in Italy. As stated by Vincent Vergonjeanne, VP for Products and Strategy at Kobojo, the capital will also enable the company to focus on R&D to expand on various platforms such as Smartphones and touch tablets, and Facebook in the very near future.
Kobojo’s titles include Goobox and PyramidVille.
The company was advised by Clipperton Finance for this transaction.
FinSMEs
27/04/2011