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September 10, 2006
eWave Enables MMOGs-For-Mobilephones - VCs Sign On
The High-Tech Gründerfonds, a €262M fund created by KfW bank, the government, Siemens, BASF and Deutsche Telekom, has invested €600K in eWave Interactive, an eight month old startup that sells enabling software for hosting massive multiplayer online games (MMOGS) on mobilephones.
The company is a spinoff of 10 year old Navus, a developer of specialized software. Both firms have same founder.
The new capital wil be used to hire staff to code new product features, and to establish itself in the market. It already has a deal with e-sports in Hamburg, which makes Flash-based browser games onto its mobilephone platform. Over the next year it will grow the business in its home market and prepare to enter the Asian market and expects to raise capital to make that move.
The startup's products include
-- eWave GameServer is a comprehensive platform for massively multiplayer mobile games using GPRS or UMTS.
-- eWave LicenceServer is a powerful tool for copyright protection of video and mobile games.
-- eWave Synapse is a next generation AI engine based on argumentation technology.
Read - Geschäftsideen im Wettbewerb (Uptech Network news)
Posted on September 10, 2006 07:40 PM | Posted to Games (PC and other) | News And Updates | Venture Capital | Wireless | Permalink
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