Wireless Entertainment Publisher Jamdat Mobile Raises $11 Million

Authored by Mark Hefflinger on December 3, 2003 - 6:41am.

Los Angeles -- Jamdat Mobile, a developer and publisher of wireless entertainment content, announced on Wednesday that it has raised $11 million in its fourth round of venture capital financing from Benchmark Capital. Los Angeles-based Jamdat said it achieved profitability earlier this year, but will use the additional capital to enhance its content portfolio and expand its worldwide distribution. The company, which provides its wireless games and other content to wireless network operators, opened a European office earlier this year and also acquired Montreal-based Hexacto Games. Other investors in the company have included Apax Partners, Qualcomm, Intel and Sun Microsystems.
http://www.jamdatmobile.com