DCM invests $4 million into PapayaMobile
VC firm DCM has given Beijing- and Silicon Valley-based mobile social networking and gaming firm PapayaMobile $4 million in funding, to grow the service’s user base and the company’s management team.
PapayaMobile claims more than 3.5 million worldwide users, and notes that it has become profitable since its 2008 launch. With this funding, the company additionally aims to grow its network of third-party...
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