Mediastay closed a €15 million round of funding

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Mediastay, the French monetization specialist of online games, announced today that it has raised 15 million Euro from IdInvest Partners and Iris Capital. The Paris based company was founded in 2000 by three French teenagers. Mediastay has over 60 employees and offices in Paris, Brussels and San Francisco. In 2010 the company wich offers a payment solution and publishes games and sweepstakes had an turnover of more than 17 million Euro.

The new financing round will enable Mediastay to develop its international audience and to launch new projects and applications. Mediastay is probably also going to consider additional international offices in the near future.