Nephin games closes first round of corporate financing

Ireland-based branded mobile gaming and community developer Nephin Games has announced a successful first round of capital financing, which was led by a group of private investors and closed at USD 1 million.

Nephin Games creates branded mobile entertainment that focuses on the growth of mobile communities and networked multiplayer games, delivering brand promotion and enabling publishers, brand owners, television networks and associated media companies to collect customer information via its patent-pending Community Metrics platform.

The company recently partnered with The Mobile Media Company to create and publish WKN Kickboxing worldwide. The title, designed to promote the World Kickboxing Network brand, currently reaches an audience of 500 million around the globe via Mobile Media's distribution network.

Nephin was recently presented with the Digital Media Awards 2005 Digital Games Developer of the Year award, and was also short-listed as a finalist for Best New Wireless Application for WKN Kickboxing. The company has stated that it will use the new financing to expand its operational infrastructure, increase staffing levels and focus on additional product development for future branded releases.