Tuesday, March 18, 2008

Thumbplay, Inc. is a leading online platform of mobile entertainment content has raised $18 million in Series E funding

What Company Is Offering:
Thumbplay, Inc. is a leading online platform of mobile entertainment content. The company aggregates, promotes and delivers mobile content directly to members via Thumbplay.com. The site offers ringtones, wallpapers, games and text-based services through a membership-based, community experience. Thumbplay, headquartered in New York, was founded by CEO Are Traasdahl and Executive Vice President, Marketing Evan Schwartz.

Thumbplay Inc., is backed by Bain Capital Ventures, SoftBank Capital, i-Hatch Ventures, Redwood Partners, New Enterprise Associates and Meritech.


How Much They Got From VCs:
Thumbplay, a New York-based provider of mobile multimedia content, has raised $18 million in Series E funding. The deal was co-led by the Brookside Capital Advisors, the public equity affiliate of Bain Capital, and Cross Creek Capital, the private equity affiliate of Wasatch Advisors.



The company had previously raised over $35 million, including an unannounced $17 million Series D round last summer at a post-money valuation of approximately $250 million. In addition to the investors listed in the new regulatory filing, that round also included Bain Capital Ventures, Redwood Partners, New Enterprise Associates and Meritech Capital Partners.

More at:http://www.thumbplay.com/

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