JAMDAT Secures New Funding

Officials from veteran mobile gaming publisher JAMDAT have announced that the company has secured a $11 million Series D round of founding from venture capital firm Benchmark Capital. As part of the deal Benchmark will secure a seat on the JAMDAT board of directors. In an interview with GameSpot JAMDAT CEO, Mitch Lasky, indicated the funds would be used for, “acquisitions of key assets, intellectual properties, and development talent, along with expansion of our European and Asian distribution capabilities.”