Terraplay Gets $3.2 Million

Terraplay, the Swedish mobile and connected gaming platform development company, has raised $3.2 million in funding. Investors in the round included Cisco, IT-Provider, Nordic Venture Partners, and VPSA.
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.

Release: Terraplay is also active in developing gaming solutions for IMS (IP Multimedia Subsystem), the new upcoming standard for mobile network service layer architectures, and is participating in trials with operators. Among other things, 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.

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