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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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3 picks Pix from FoneStarz

Mobile Entertainment is reporting that Mobile Operator 3 has selected Fonestarz to host and manage its new picture service, Pix. Pix has now launched on the 3 portal in the UK and Ireland and currently features 20,000 images and animations taken from FoneStarz’s catalogue of premium content.

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The service includes branded imagery from partners including , and , and is hosted on FoneStarz’s content management platform, ‘Daius’.

manages, hosts and retails mobile content to a global audience. The business has a global relationship with and and is already managing on-portal download, messaging, information and entertainment sites for 15 networks in 22 countries.

holds a 50% stake in the company.

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imeem community get the Universal catalogue

, the social network for music lovers, has announced a partnership with (UMG) that will deliver on-demand, interactive streaming of Universal’s extensive digital music and video catalogue, to the community. With this announcement, is the first social networking company to offer full-length, streaming access to the entire music and video catalogs of all four major music companies on an advertising-supported basis.

Beginning today, ’s audience of over 19 million users can listen to and express themselves with music and video from UMG’s digital catalog, which includes many of the world’s top-selling artists such as Kanye West, Amy Winehouse, Fall Out Boy, 50 Cent, Black Eyed Peas, The Pussycat Dolls, Gwen Stefani, The Killers, Snow Patrol, Maroon 5 and Nelly, among many others.

www.imeem.com

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