Clipperton Finance, a leading European corporate finance boutique dedicated to the High Tech and Media industries, today announced the closing of an €10m capital raising for Wyplay, a pioneer in the development of High-Definition Media Center.
Elaia Partners, who led this 2nd round, was joined by A Plus Finance and Sofinnova Partners, Wyplay’s first round lead investor reflecting its continued confidence in the company.
Wyplay has to date experienced an immediate and remarkable success among international clients with its first commercial product launch scheduled for the Fall of 2008 under leading brand names.
Commenting on the transaction, Jacques Bourgninaud, CEO of Wyplay, said: “to work with Clipperton Finance was instrumental in the success of this significantly oversubscribed financing round. The process was optimized for the company and for the team, the terms were in line with our ambitions, just as the quality of the investors that joined us as new shareholders of Wyplay”.
