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In-Fusio secures new financing

Undisclosed amount will fund global expansion

In-Fusio secures new financing
In-Fusio was one of the big players in the early days of mobile gaming, before things went a bit pear-shaped in 2006, as the company tried to balance its publishing and technology divisions.

However, In-Fusio remained afloat, albeit by being acquired in May last year by fellow French firm Zenops, at the same time as it also bought another French company, Filao.

Here's the puzzling news, though: In-Fusio has just announced that it's secured an undisclosed amount of funding from Occam Capital, a French VC firm. It plans to use the money to expand its European, North American and Asian offices, and to boost its development capabilities.

It's unclear whether Zenops has rebranded itself as In-Fusio since buying it, or whether this new investment is purely for the In-Fusio division of Zenops.

What isn't in doubt, however, is that Occam Capital was already one of Zenops's key backers at the time it bought In-Fusio - Occam's Francois Lepicard was quoted in the press release last May saying "We are proud to have led negotiations to facilitate the creation of the Number Two European player in the mobile games industry".

So, this new funding is seemingly an existing investor chipping in for a new round, rather than an entirely new backer.

In any case, In-Fusio's North American CEO Norman Evangelista is pleased: "We are gratified that Occam Capital has validated our strategy and supports us as an investor."
Contributing Editor

Stuart is a freelance journalist and blogger who's been getting paid to write stuff since 1998. In that time, he's focused on topics ranging from Sega's Dreamcast console to robots. That's what you call versatility. (Or a short attention span.)