Ad-Supported Mobile Game Distributor Greystripe Raises $1.2 Million
San Francisco - Greystripe, the developer of a service that distributes free, ad-supported mobile games, has raised $1.2 million in its first round of venture capital financing, VentureWire reported. Investors participating in the round included Incubic Venture Fund, Monitor Ventures and WS Investment Company. San Francisco-based Greystripe's AdWRAP network sources ads from advertisers and delivers them through its network of mobile games, which includes titles from publishers like 3D Arts, Big Blue Bubble, Blastone, Cellufun, Chakra Interactive and HandyGames.
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http://www.greystripe.com
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