The UK-based TV games network has closed its first round of funding since regaining its independence, a $5m series A round backed by Adobe and Gamestop.
Television-based social games platform PlayJam closed its series A funding round yesterday, having raised $5m from investors including Gamestop Digital Ventures, the corporate venturing unit for games retailer Gamestop, and Adobe Ventures, which performs the same function for Adobe, manufacturer of software applications such as Flash and AIR.
Also contributing to the round were venture capital (VC) firm Endeavour Ventures, VC fund London Venture Partners and several unnamed investors PlayJam referred to as ‘game industry luminaries’.
PlayJam was originally formed…
