Playspan announced today that it has received an $18 million take in Series C investment. Led by Vodafone Ventures and Softbank Bodhi Fund, this new funding round will help the company expand its online monetization options to Europe and Asia.
“Over the last few years, PlaySpan has emerged as the undisputed global market leader in the monetization platform category, and we continue to drive new innovations in the payments and ecommerce space that has spurred new high-growth business models,” said Karl Mehta, PlaySpan CEO. “It is a testament to our market-leading position, demonstrated growth, and the fast-growing digital goods micro-transactions space, that we have raised another significant round from top investors.”
PlaySpan has emerged as the clear industry leader in this fast-growing space and has built a full stack platform that is proven with millions of consumers and thousands of merchants worldwide,” said Matthew Fix, Principal, Vodafone Ventures. “We’re thrilled to be able to support their ongoing success with both partners and end-users as they realize their full vision of a universal micro-payments solution.”
To find out more about PlaySpan, please read this recent [a]list interview.