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Xendex secures €2.3m funding

Xendex secures fundingIn a first round of financing, PONTIS Venture Partners, a venture capital company headquartered in Vienna, Austria, as well as a group of business angels are participating with a EUR 2.3 million investment in Xendex, one of Europe’s leading developers for mobile games. The former founders of , an Austrian company that was bought for EUR 55 million in early 2006 by global market leader , are among the business angels. also has offices in London and Krakow and has generated sales growth of 80% in the last year and now has over 70 channel partners, including , and .

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