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May 14, 2007
Mobile Wagering Biz Cometa Raises £1M
Sheffield, UK-based Cometa has raised £1M at a £2M post money valuation. The principal investor is Mfusion, mobile phone gaming company. Other investors include a consortium of business angels led by Dr Tony Marchington former founder and CEO of Oxford Molecular Group.
Cometa sells a white label mobile gaming package to companies like Bet.com. Cometa is projecting revenues rising from £250K in 2007 to £6.8M by 2011.
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Posted on May 14, 2007 04:50 PM | Posted to Games (PC and other) | Permalink
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