Brazil’s MusiGames Raises $1.5 Million

Musigames Drums Challenge iPhone Game

MusiGames, a Brazilian-based mobile games company, said it has raised $1.5 million in capital and grants to develop more music titles for Apple’s App Store. The announcement is being made today at Macworld in San Francisco.

Participants in the round include Criatec Fund, a Brazilian seed capital group, and Brazilian innovation agencies, including the FINEP/Facepe and CNPq. The company, which produced the hit-seller “Drums Challenge,” said it plans to launch eight games in 2010, and will be demonstrating some of them at the show this week.

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