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Mobile Game Publisher Digital Chocolate Scores $22.5 Million

By James Quintana Pearce - Wed 26 Jul 2006 03:08 AM PST

We mentioned some part of it from an SEC filing last week, but this fleshes out the entire amount: Digital Chocolate has closed a big $22.5 million third round funding led by late-stageVC fund Bridgescale Partners. The round also included Outlook Ventures, Montagu Newhall, DN Capital, Glynn Capital Management, CHI Capital, and returning investors Sequoia Capital, Kleiner Perkins Caufield & Byers, Sutter Hill Ventures and Chengwei Ventures.
This puts the mobile gaming publisher DC’s total funding at $43.8 million. CEO Trip Hawkins didn’t give much away about the fate of the new funding: “This new financing round will allow us to fuel our expansion plan even further,” he said. What next, an IPO?
Related:
-- Trip Hawkins: Cashing In On Gaming Communities
-- Digital Chocolate To Turn Profitable In The Next Year

Posted in: Entertainment, Mobile Gaming, Money, VC M&A



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