Target Partners invests in Scoreloop AG
Munich, April 23, 2009. Munich-based venture capital firm Target Partners today announced a seed investment in Scoreloop AG. The German start-up has developed a software platform which enables mobile gamers to challenge each other.
(firmenpresse) - An investment in the exploding mobile gaming sector
“Worldwide, people spend more money on gaming than on music. And in mobile gaming, the iPhone has totally redefined the segment, with most other manufacturers of mobile phones following with similar devices”, said Olaf Jacobi, Partner at Target Partners. “Mobile devices connect people, Scoreloop connects gamers on mobile devices. The market is huge and growing. Scoreloop’s technology is unique and creates a worldwide networking effect. The company’s founders, Marc Gumpinger, Dominik Westner and Christian van der Leeden, have already founded several companies and have many years of experience in mobile- and enterprise/server development. These are ideal prerequisites for a successful international start-up.”
The right investor
“We are proud to bring a leading venture capitalist like Target Partners on board. Their entrepreneurial experience, their feeling for the market and the very active Target Partners network are significant and important parts of the investment,” said Gumpinger.
Trendsetter Scoreloop AG
Scoreloop AG is a pioneer in mobile social gaming - player challenges on mobile devices. With the growing availability of smart phones like the iPhone, mobile phones turn into entertainment devices, with gaming as a major focus. With Scoreloop users can now challenge each other. This guaranties more fun, variety and action.
Let the games begin
“No other device is more at hand than a mobile phone. Worldwide, hundreds of millions maintain relationships friends and colleagues on social networks like Facebook or Xing, increasingly through their mobile devices. Now with Scoreloop they can also play against each other - a very obvious application, but until now an unsolved and technically sophisticated one“, explained Gumpinger.
Free licenses and new revenue streams
Scoreloop AG offers a free license of its technology to partners like game developers, publishers or web portals. In addition, partners participate in the revenue streams from so-called “coins”, which are needed in order to challenge other gamers. Everyone wins, as Scoreloop AG enables its partners to make money even with free games. Scoreloop’s technology is currently available on the Apple iPhone, with other mobile device platforms planned for the near future.
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Unternehmensinformation / Kurzprofil:
About Scoreloop AG:
Scoreloop pioneers mobile social gaming with player challenges that significantly improve the player experience. Scoreloop helps developers differentiate their games from the competition and generate new revenue streams even for free games. With its free SDK (software developer kit) and a highly available server infrastructure Scoreloop works with any iPhone game (more platforms like Android and Java to be announced). Scoreloop is comprised of successful entrepreneurs and former Apple and NeXT employees.
For more details: www.scoreloop.com
About Target Partners:
Target Partners is one of the leading early-stage venture capital funds in Germany. The firm invests in start-up and early stage companies and supports them during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.
For more details: www.targetpartners.de
Press contact Target Partners:
Compass Communications GmbH
Agentur für Unternehmenskommunikation
Helena Horak
Hesseloher Str. 9
80802 München
Tel.: +49 (0)89 189 508-80
Fax: +49 (0)89 189 508-97
Mail: helena.horak(at)compass-communications.de
Datum: 23.04.2009 - 12:46 Uhr
Sprache: Deutsch
News-ID 1001288
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contact information:
Contact person: Helena Horak
Town:
Munich
Phone: +49 (0)89 189 508-80
Kategorie:
Financial Services & Insurance
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