In-Game Ad Network IGA Worldwide Adds Funds to Second Round

Authored by Mark Hefflinger on January 24, 2008 - 12:29pm.

New York - IGA Worldwide, the operator of an in-game advertising network, announced on Thursday that it has added about $5 million to its second round of venture capital financing, from Translink Capital, Presidio STX and ITOCHU Corporation.

The company previously announced that it raised $25 million for its second round in July 2007, from investors including GE/NBC Universal's Peacock Equity Fund and KTB Ventures.

New York-based IGA, which places ads within video games on a range of platforms, said it will use the new funds to further expand its global in-game advertising footprint.

 

Related Links:
http://snipurl.com/1y6jm

http://www.igaworldwide.com

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