Terraplay, a Swedish-based middleware provider for multiplayer connectivity, largely on cellphones and mobile game devices, has announced that the company has secured fin...
Terraplay, a Swedish-based middleware provider for multiplayer connectivity, largely on cellphones and mobile game devices, has announced that the company has secured financing from Cisco Systems, Inc. for its most recent round of financing. Cisco joins other firms, including IT-Provider, Nordic Venture Partners, and VPSA (formerly Viventures) for total raised capital of SEK25 million ($3.2 million). According to the company, Terraplay will use the financing to fund the release of the company's global mobile phone gaming network, which is based upon the MOVE connected gaming platform. It will provide support for global and local communities, multiplayer servers with global connectivity, and in-game billing, as well as business tools to operate and monitor global communities. “I welcome Cisco onboard as a shareholder of Terraplay”, said Terraplay CEO Sven Hålling. “Through this partnership we will not only be able to get access to the latest technology but also be able to draw on the global presence of Cisco which will be very useful in building our global gaming network.” Terraplay is also currently developing gaming solutions for IMS (IP Multimedia Subsystem), and is currently participating in IMS trials with a large number of operators. IMS enables users to contact friends to talk, chat, video call or play with just a click in the phone book, with one username for all services. Terraplay has demonstrated an IMS gaming solution where gamers can play a multiplayer game and talk to the opponents at the same time, in a similar fashion to Xbox Live.
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