Clipperton Finance, a leading European corporate finance boutique dedicated to the High Tech and Media industries, today announced the closing of a first round of financing for C4M.
C4M is a leading mobile game studio with innovative creative and development services. The company is the creator of Playtomo, the first free mobile games platform linked to social networks.
The platform offers high quality casual games in a unique mobile application directly integrated into social networks. Innovacom, a leading venture capital fund based in Paris, Stockholm and California, led the round with the capital raised to be used to strengthen the Playtomo team and to support the worldwide launch of the application.
Commenting on the transaction, Mathieu Castelli, CEO of C4M, said “Possessing excellent relations with tier 1 funds as well as a strong understanding of the new media ecosystem, Clipperton Finance has been instrumental in the success of this round of financing that was executed rapidly and proved significantly oversubscribed “.
