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Internetq Plc : MoMinis gets major funding

04/19/2012| 04:28am US/Eastern
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18 Apr 12

A mobile gaming company recently stated that it had completed a second round of funding thanks to support from investors.

A mobile gaming company recently stated that it had completed a second round of funding thanks to support from investors.

MoMinis announced an additional $4.5 million in funds from Mitsui and BRM Group thanks to the popularity of its PlayScape Mega-Game. The thing that sets the gaming brand's mobile entertainment apart is the fact that it gives users the chance to play a number of different games that are all connected in across platforms.

"In a market where 99.99% percent of mobile apps languish and disappear, PlayScape offers a solution for mobile game developers, providing distribution and discoverability," said Eran Barkat, Partner at BRM Group. "With 15 million downloads in three months, MoMinis' platform is poised to become a market leader in this high growth market."

In December, MoMinis announced that its PlayScape platform would be free for download for people using Google's Android Platform. It hopes that more users will translate into more profits down the line.

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