Mobile analytics and marketing company Localytics has announced it has raised $16 million in Series C financing, in a round led by new investor Foundation Capital. An existing investor, Polaris Partners, also participated. This brings the company’s total financing to $25 million, with Localytics planning to use the funding to accelerate its international expansion efforts, as well as make additional investments into customer service, sales and product development.
Real-money gambling company CashBet has announced the closure of a $1.7 million Angel Round of funding for its platform, which brings real-money online gambling to social and mobile games. The round was led by Fred Hsu and other private investors, and CashBet is currently preparing to seek additional investments from larger investment partners.
Mobile games publisher Yodo1 has raised $11 million in Series B financing for the expansion of its global publishing efforts. The round was led by GGV Capital, and was joined by Singtel Innov8, Pavillion Capital and Iris Capital. This round takes Yodo1’s total funding to $18 million since its formation in 2011.
Mobile game developer TinyCo has announced it has secured $20 million in financing from Pinnacle Ventures and Andreessen Horowitz, which will help the developer create larger, deeper and better quality free-to-play mobile games going forward. The financing is in addition to the $18 million TinyCo received in 2011.
Video trailer advertising service Vungle has today announced a new company milestone, as its ad network has received over 2 billion video views since the company launched last year. Vungle also announced it has raised $6.5 million in Series A funding, led by Crosslink Capital. The funding brings the total invested in the company to $8 million.
Wine app developer Drync has announced it has secured $900,000 in new funding to expand its marketing and help in furthering developing its product. The company likens its Drync app on iOS to “Shazam for Wine,” as wine lovers can use the app to identify bottles of wine and share their activity with others.
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