PlaySpace Closes $1.9M Funding

PlaySpace S.L., a Palma de Mallorca, Spain-based and Miami, FL-based developer and operator of social and multi-player evergreen games, has closed a $1.9m funding.

The round was led by PeopleFund, with participation from Spanish Faraday Ventures.

Founded in 2011 by CEO Alfonso Villar and incubated by Enrique Dubois of Mola.com, PlaySpace has launched traditional Spanish evergreen games such as Parchis, Dominos, Luno, La Oca and Chinchon.
Available in Facebook and Tuenti all games are offered as a freemium service and users have the ability to purchase virtual currency and goods.
PlaySpace’s gamer community currently counts more than 3 million users. Its games are available in social networks such as Facebook and Tuenti and will soon be available in IOS and Android.

The company intends to use the funds to improve the product, to develop and launch new games and to expand internationally, in the USA and in Latin America where it aims to become the leader for the Spanish and Portuguese speaking social gaming market.

FinSMEs

06/09/2012

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