GameOn Secures $10.5M In Convertible Note Financing
Summary
GameOn Technology, a San Francisco, CA-based conversational application platform company, raised $10.5m in growth capital with the issue of convertible notes to a consortium of investors. The round, which brought total capital raised to date to $18.5m, was led by Andrew Ogawa of Quest Ventures with participation from Mirae Venture Partners and Jim Davidson, founder of Silver Lake, through his investment vehicle called Paxion, Ed Zander (former CEO of Motorola), returning investors Innovation Global Capital, Asahi Media Lab Ventures, Claytonia Capital, as well as NBA stars Mo Bamba and Andre Iguodala. The company intends to use the capital to accelerate development of its proprietary ChatOS™ platform, expand into new content verticals, and increase sales efforts. GameOn builds a dynamic user experience within the most popular chat and voice applications, allowing fans to engage with brands in natural conversation while delivering rich content like scores, live updates, highlights, gifs and videos. Some of the world’s most notable brands like the NBA, NHL, PGA, Arsenal F.C., Sky Sports and TIME Inc. partner use GameOn’s solution.
Funding
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