Wednesday, May 23, 2007

Greystripe Gets $8.9M In Series B

San Francisco-based Greystripe announced today that it has raised $8.9M in a Series B funding. The round was led by Steamboat Ventures, and also included prior investors Monitor Ventures and Incubic Venture Capital. Greystripe is a distributor of ad-supported mobile games and applications. Dan Beldy of Steamboat has joined the firm's board of directors. The company said it will use the funding to grow and enhance the firm's business, along with expanding partnerships and reach in Europe and Asia. The round brings the company's total raise to $10.1M. More information »