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GameOn’s $2 million seed round in 2016 and $6.5 million Series A round in 2017 included investment from Quest Venture Partners, X.G. Ventures, Next News Ventures, and notable sports business investors including, Joe Montana, Snoop Dogg, Gary Payton, Lawyer Milloy, and Mark Attanasio
Fremont, CA: GameOn Technology, the industry-leading conversational application platform company, raised $10.5 million in growth capital with the issue of convertible notes to a consortium of investors.
The latest funding round brings the company’s total capital to $18.5 million to date. It was led by Andrew Ogawa of Quest Ventures with participation from Mirae Venture Partners, Jim Davidson, founder of Silver Lake, through his investment vehicle called Paxion, and Ed Zander (former CEO of Motorola). The returning investors were Innovation Global Capital, Asahi Media Lab Ventures, Claytonia Capital, along with first-time investors and NBA stars Mo Bamba and Andre Iguodala.
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The capital will be used for the development of GameOn’s proprietary ChatOS platform, expansion into new content verticals, and increase sales efforts.
“Chat applications let fans connect with their favorite content when, where, how, and with whom they want to while enabling brands with huge fan bases to provide content-rich experiences customized for each fan,” said Alex Beckman, founder, and CEO of GameOn. “As businesses continue to transform into mobile-first digital organizations, chat-based applications have a huge opportunity to enhance the brand-to-fan experience by being more natural and less robotic. This additional round of funding allows us to enhance our platform’s capabilities, expand into new verticals, and help more brands connect with their fans in meaningful ways.”
GameOn’s ChatOS platform helps brands realize new opportunities, enabling them to connect with fans organically, where they are, on the platforms of their choosing, and with the content they want. GameOn builds a dynamic user experience within the most popular chat and voice applications, allowing fans to engage with brands in natural conversation while delivering rich content like scores, live updates, highlights, gifs, and unique videos. Some of the world’s most notable brands like the NBA, NHL, PGA, Arsenal F.C., Sky Sports, and TIME Inc. partner use GameOn’s solution.
“I’ve been an investor and board member for GameOn for multiple years now, and it’s safe to say it’s grown up along with the chat-based application market,” said Andrew Ogawa of Quest Venture Partners. “The company has proven again and again that it’s fluent in the behaviors and needs of today’s fans, while proficient in delivering a viable chat tool that lets major global brands communicate in new, engaging ways with their evolving fan bases. Chat solutions are quickly becoming a key digital arm of brands’ mobile strategy, and GameOn is well-positioned to continue leading them on this journey.”
GameOn applications are powered by ChatOS, the company’s proprietary end-to-end development and integration platform designed specifically for the future of messaging and voice services. It significantly optimizes the creation of powerful, content-driven premium user experiences. It connects directly to brands’ Content Management Systems (CMS), data sources, and API feeds, enabling them to seamlessly deploy this content across a wide range of platforms and applications through highly engaging messaging experiences.
See Also : Top Chatbot Solution Companies
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