Friday, Mar 04, 2011
Motorola Mobility Holdings, Inc. (NYSE: MMI), through its strategic investment arm, Motorola Mobility Ventures, this day announced an equity investment in Moblyng, a leading developer and publisher of cross-platform, HTML5-based games for mobile devices and social networks. Moblyng games have been published for Android, Facebook, iOS and WebOS platforms and have been downloaded more than 9 million times.
“Motorola Mobility Ventures seeks out the most innovative and promising new companies in which to invest, and we found a strong synergy between our vision for the future of mobile and Moblyng’s strategic direction,” stated Harshul Sanghi, managing director of Motorola Mobility Ventures. “Moblyng was an early adopter of Android and is an industry leader in using HTML5 to bring cross-platform social gaming experiences to mobile devices. We look forward to accelerating the realization of their vision.”
“As an early Android developer, Moblyng is very excited to work with Motorola Mobility, the leading Android smartphone and tablet provider,” stated Stewart Putney, chief executive officer and founder of Moblyng. “We look forward to working together to bring exciting social gaming experiences to Motorola Mobility’s devices.”
Moblyng is well-known both for its own titles – such as m:Racing and Dungeon Quest for the Android platform – and partnering with leading publishers such as Playdom to extend their games and brands to mobile devices and social platforms such as Facebook. For example, the collaboration with Playdom has included Android versions of Mobsters and Sorority Life. In addition, Moblyng recently worked with WeeWorld to launch WeeMee Life.
Motorola Mobility Ventures joins Mohr Davidow Ventures and Deep Fork Capital in this round of financing.
source : www.yourcommunicationnews.com
Submited at Friday, March 4th, 2011 at 10:00 am on Uncategorized by samantha
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