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PlayPhone Lands $18.75 Million Series C Financing

Friday, May 11, 2007 5:00:00 AM PDT | VentureDeal Staff

SAN JOSE, CA -- Mobile media company PlayPhone announced the receipt of $18.75 million in series C funding from a group of venture capital firms.

PlayPhone has a direct-to-consumer distribution model for its line of wireless games, ringtones, electronic wallpaper, videos and other content designed for mobile consumption.

Investors in the round were led by Scale Venture Partners, and included previous investors Cardinal Venture Partners and Menlo Ventures. The company plans to use the funding to expand its efforts in the entertainment industry and additional international markets.

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