Kiloo’s Second Investment Round, Company Splits

December 2nd, 2008 by Arjan Olsder Posted in Companies & M&A | No Comments »

After successfully raising its first round of investment in February '08, Kiloo just completed a second round to fund Kiloo Media, a mobile media company at mobile projects other than games.

Firmainvest A/S is the company who has invested a significant undisclosed amount into Kiloo Media. With this investment, Kiloo wants to establish the new Kiloo Media company outside their traditional mobile games market.

Kiloo Media’s First project will be released early Q1 2009 in close cooperation with a leading commercial Danish TV broadcaster running across all carriers in the region. Following the successful launch, Kiloo Media has agreed to provide a trial to one of the World’s largest broadcasters and brand owners.

"Launching Kiloo Media allows us to unlock the full potential of the entire mobile population. Our technology spans across any age and demographic in the World today. Every brand out there would benefit from cooperating with Kiloo Media” says Jacob M

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    Arjan Olsder is the Vice President of Pixalon Studios. Opinions expressed on this publication do not have to represent those of Pixalon Studios.


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