Gamblit Gaming Raises $12M in Growth Capital

Gamblit Gaming, a Glendale, California-based provider of a real money gambling platform, raised $12m in growth capital.

The round was led by American Capital, Ltd. (Nasdaq: ACAS).

The company, which has now raised $20m, intends to use the funds to continue to grow its platform and operational infrastructure in preparation for live operations later this year.

Founded in July 2010 and led by Eric Meyerhofer, Chief Executive Officer, Gamblit Gaming provides a platform for developers to enable a wide range of mobile game genres to accommodate gambling experiences in online and on-site deployments worldwide.

The company currently has 49 employees.



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