OpenFeint raises $4 million thanks to strategic investment from The9
Having previously raised an undisclosed amount, selling 20 percent of the company to Japanese mobile giant DeNA, this new funding comes from another source entirely, Chinese online gaming company The9.
The9, which hosts games such as EA's FIFA Online 2 and is quoted on the NASDAQ exchange under the NCTY ticker, called the $4 million move a strategic minority equity investment in Aurora Feint.
"We are confident of the prospect for this mobile platform and believe it will play an important role in the future development of global mobile internet," said Jun Zhu, The9's chairman and CEO.
"The investment in Aurora Feint is an important step of The9's establishment of a mobile gaming platform and is also an integral part of our global strategy."