Mobile Betting Software Firm Gets $1.15 Million Funding

Rapid Mobile Media, a Scottish mobile media software startup, has raised about $1.15 million in venture funding. The funding was led by Pentech Ventures
The nine-strong team make gaming applications including the firm’s core Mobet product, which powers mobile betting for market giant Betfair. Rapid Mobile claims it is the first to be able to bring 3G-type interactive gambling services to existing mobile phones..

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