PlayPhone raises $18.75mThe cash will allow PlayPhone to expand into international markets this year and build on its existing business. The company currently runs its own-branded D2C site and powers mobile destinations for brands including Sega, ABC, Bandai, Lycos and RealNetworks.
“PlayPhone’s D2C distribution model has established a new standard in the mobile entertainment industry during the past year,� said Ron Czerny, CEO of PlayPhone. “We have emerged as a clear and dominant force in mobile media and we look forward to expanding our business internationally and introducing exciting new services with leading entertainment brands.�
PlayPhone also announced that Sharon Wienbar, MD at Scale Venture Partners, has joined its board of directors.
