Jun 26, 20080
Xendex secures €2.3m funding
In 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 3United mobile solutions PLC, an Austrian company that was bought for EUR 55 million in early 2006 by global market leader Verisign, are among the business angels. Xendex 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 T-Mobile, Orange and O2.
