How Much Did PlayPhone Raise?
Funding & Key Investors

PlayPhone has successfully navigated multiple stages of capital infusion to solidify its position in the global mobile gaming ecosystem. With a cumulative total funding amount of $149.9M, the company has demonstrated a consistent ability to attract institutional backing. The most recent strategic investment of $67.2M underscores the firm's ongoing commitment to scaling its proprietary social gaming platform and expanding its reach across diverse international markets.

The company's growth trajectory, marked by a series of financing rounds from 2006 through 2012, reflects a robust development cycle. By securing support from prominent venture capital entities, PlayPhone has effectively transitioned from an early-stage developer to a mature provider of mobile gaming infrastructure and billing services.

What is PlayPhone?

PlayPhone
SoftwareMultimedia, Games & Graphics SoftwareMobile App Development

Founded in 2003 and headquartered in San Mateo, California, PlayPhone operates as a comprehensive mobile social game store and distribution network. The company provides a multifaceted platform that enables gamers to discover, download, and share content while offering third-party developers a unified integration SDK for monetization. Beyond consumer-facing stores, PlayPhone empowers mobile carriers to launch their own branded gaming portals, leveraging viral social networking features to optimize user acquisition costs. Its operational footprint spans North America, Latin America, Europe, and Southeast Asia, positioning it as a critical intermediary in the mobile entertainment value chain.

How much funding has PlayPhone raised?

PlayPhone has raised a total of $149.9M across 6 funding rounds:

2006

Series B

$9.1M

Series B

$9.1M

2007

Series C

$18.8M

2008

Private Equity

$30.8M

Other Financing Round

$15M

2012

Private Equity

$67.2M

Series B (2006): $9.1M with participation from Cardinal Venture Capital, Coral Capital Management, and Menlo Ventures

Series B (2006): $9.1M led by Menlo Ventures and Cardinal Venture Capital

Series C (2007): $18.8M supported by Cardinal Venture Capital, Scale Venture Partners, and Menlo Ventures

Private Equity (2008): $30.8M, investors not publicly disclosed

Other Financing Round (2008): $15M backed by Scale Venture Partners, Menlo Ventures, Coral Capital Management, Cardinal Venture Capital, and Labrador Ventures

Private Equity (2012): $67.2M with participation from Cardinal Venture Capital, Scale Venture Partners, Menlo Ventures, and Coral Group

Key Investors in PlayPhone

Menlo Ventures

A Menlo Park-based venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer internet, and fintech.

Cardinal Venture Capital

A specialized finance firm based in Menlo Park, California, focused on supporting emerging technology ventures through strategic capital allocation.

Scale Venture Partners

An early-stage venture capital firm providing hands-on consulting and go-to-market advisory to help startups transition from founder-led growth to scalable operations.

What's next for PlayPhone?

Looking ahead, PlayPhone is well-positioned to leverage its established infrastructure to capitalize on the increasing demand for localized mobile gaming experiences. The recent capital injection is expected to fuel further innovation in its single-integration SDK, potentially enhancing developer retention and platform stickiness. As the mobile gaming market continues to evolve toward more integrated social ecosystems, PlayPhone's ability to facilitate seamless billing and viral distribution will remain a core competitive advantage. The company's strategic focus will likely remain on deepening its carrier partnerships and refining its data-driven monetization tools to maintain its market-leading position in the face of shifting digital consumption patterns.

See full PlayPhone company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Customer Engagement PlatformsSoftware
Engineering SoftwareSoftware
Human Resources SoftwareSoftware
Content & Collaboration SoftwareSoftwareEducationTraining

Frequently Asked Questions Regarding PlayPhone Financial Insights

What are the most recent funding rounds that PlayPhone has completed, and what were the funding rounds?
PlayPhone has recently completed 3 funding rounds: Private Equity on Jan 2, 2012, Other Financing Round on Sep 29, 2008, Private Equity on Aug 28, 2008.
What is the total amount of funding PlayPhone has raised to date?
PlayPhone has raised a total of $149.9M in funding to date.
How many funding rounds has PlayPhone completed?
PlayPhone has completed 3 funding rounds.
How much funding did PlayPhone raise in its most recent funding round?
PlayPhone raised $67.2M in its most recent funding round.
Who are the lead investors in PlayPhone's latest funding round?
The lead investor in PlayPhone's latest funding round was Cardinal Venture Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PlayPhone's history?
The largest funding round in PlayPhone's history was $67.2M.
See more information about PlayPhone