- The seed capital will improve iion’s product roadmap, specializing in AI and ML automation for promoting within the gaming ecosystem
Video video games monetisation and promoting platform iion has accomplished its seed funding spherical led by VC agency TEN13 with participation from co-investors Archangel Ventures and PixCapital.
This seed capital will increase iion’s workforce, speed up market penetration within the US and EU, and enhance recreation writer efforts in China. It would additionally improve iion’s product roadmap, specializing in AI and ML automation for promoting within the gaming ecosystem.
The gaming advertisements platform has additionally been in collaboration with manufacturers similar to Lego, KFC, and L’Oreal, and has present partnerships with different unbiased media businesses.
The beginning of a brand new chapter
Sanjaya Molligoda, iion co-founder says: “Regardless of gaming having a big international and extremely attentive viewers of over 3.4 billion, manufacturers have been sluggish to enter the area as there was no simple option to activate gaming campaigns in a single place.”
In accordance with the Molligoda in a LinkedIn put up, iion recognises the necessity for an answer that addresses frequent business challenges by way of a self-serve recreation advert platform. “This isn’t an in a single day success story by far…its just the start of our subsequent chapter!” he provides.
“I am proud to have constructed the enterprise with no funding for the final 5 years to what it’s now, working globally with a various workforce of fifty+ throughout 12 areas and with 90% plus CAGR yearly,” Molligoda concludes.
The unified gaming advertisements platform has additionally welcomed new advisors together with Ionut Ciobotaru, former co-CEO of Verve Group and CPO at MGI, and Pieter Kooyman, CEO of Half Moon Studios and former Chief Promoting Officer at Miniclip SA.