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Latest news releases
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November 07, 20071.75 M Eur investment from Martinson Trigon
VC fund invests into development and internationalization of Apaja's gaming community
Martinson Trigon Venture Partners (MTVP), a private equity partnership focusing exclusively on technology, media and telecom sectors, has invested 1.75 million Euros into Apaja Online Entertainment.
- We liked Apaja's unique concept and excellent management team. We believe that the company is set to have a good position in fast-growing casual gaming market, says Allan Martinson, Managing Partner of Martinson Trigon Venture Partners.
Martinson has also been named as a member of Apaja's Board of Directors.
- We shared a similar vision with MTVP regarding Playray's future development and we are excited to have them onboard. In our service casual online gaming is combined with virtual avatars and social networking, which is a great base to develop our community further. Our main target now with MTVP is to open Middle- and East-European countries. The service should be running in 14 countries by the end of this year, comments Apaja's CEO Inka Mero.