Popmog, the independent publishing platform for browser games, just closed a fresh round of financing, right around the time the new company also celebrated its first birthday (Update – December 2022: The startup seems to be no longer in business and we therefore deactivated the link).
The investors in this round are a selection of private investors and the Investment Bank Berlin (IBB). With the fresh capital the founders are going to continue working on making the service better for players, as well as for game developers.
Popmog stands for “popular multiplayer online games” and was founded in Berlin. The startup does not develop games itself, but gives talented developers a place to publish their games to a relevant target group. The monetization of Popmog.com works via a revenue-sharing-model with the publishers that are selling virtual goods or offering subscriptions.
By the way: Are you interested in German startups? You can find out about other interesting startups from Germany in this list.