Boonty Receives $10m Funding For Digital Distribution

Officials from digital 'casual', mobile and PC video game distribution firm The Boonty Company have announced that the company has concluded an institutional financial package worth $10 million with venture capitalist firms Rothschild Gestion, SPEF Venture and OTC Asset Management and Entrepreneur Venture. Boonty has a catalogue of over 1,500 PC and mobile games, and has agreements with companies including Sega, Funcom (for Anarchy Online), Wildtangent, Encore, PlayFirst and a number of others to distribute their games online. The company has offices in New York, Paris, Singapore, Tokyo, Seoul and Shanghai, and services over 100 portals including T-Online, Yahoo!, AOL, IDG, Tucows and Shanghai Telecom. Mathieu Nouzareth, Boonty president and co-founder, commented: "Our next short-term development plan is to market our new mobile phone games to our current and future partners, thus offering the only PC / mobile phone based convergent product available on the market." Romain Nouzareth, co-founder and CEO of Boonty Inc. in the U.S. added: "Besides allowing us to consolidate our position as a global leader, the primary objective of this funding is also to enable us to bring the best, most advanced service possible to our partners. We are also studying external growth opportunities in the PC (Casual Gaming, PC Downloadable, streaming) and mobile gaming media."