On March 26th, 2008, Mfuse, a provider of mobile gambling technology said that they were able to produced 2.55 pounds of their present funding activity. The cash needed by Mfuse comes from investors Bestport Ventures LLP, who have given 850,000 pounds and brand new investors like Mark Blandford, the chief of Sportingbet Plc, who has given 1.55 million pounds.
Mark Blandford is joining as a non-executive director of Mfuse. Mfuse gives its customers a good and secure way to play without any worries using their mobile phones. In this way, a customer can have an enjoyable experience while they are playing with their mobile phones.
The brand new financing will give capital for Mfuse to improve their product offerings. Some of the present offering of Mfuse can be found in the sports betting circuit which it works hand in hand with blue chip customers like Ladbrokes PLC., Sportingbet PLC., Bet365, Stan James and Paddy Power PLC. Part of Mfuse's plan is to expand in the mobile casino market.
Mark Blandford's appointment to the Mfuse board will help strengthen Mfuse's cause. The chief executive of Mfuse, Marcus Wareham commented that since their beginning, their customer base has expanded and that they feel that this is the right time to expand their offerings especially in the mobile gaming industry.
April 04, 2008
Matt Gross