Social games provider Akamon continues to expand and gain funding
Akamon, a fast growing start-up from Barcelona and co-founded by Carlos Blanco, offers social games online and has been admired for its expansionary success across markets in southern Europe and Latin America.
This expansion has meant it's been able to close a funding round of 2.8 million euros, led by Axon Partners Group and Bonsai Venture Capital. This injection of capital, one of the largest in the online sector in Spain, will allow Akamon to expand its marketing, hire new staff and expand further into new markets.
Akamon finished 2012 with 8.5 million dollars' worth of earnings, and is aiming to reach 16 million dollars by the end of 2013. Some of this growth will come from new games using mobile platforms, and from exploiting new markets such as Columbia and Mexico.
Whether the market for traditional games and online casinos remains on traditional platforms, Facebook, or switches to mobile devices, Akamon aim to maintain growth and to reach into new areas - to add to their already impressive 11.5 million user base.
Bingo rider - the new Akamon game for mobile devices