Deutsche Telekom's corporate venturing unit invested in the gaming company and its parent signed a marketing agreement, a month after the German business was backed in an Accel-led round.
Germany-based telecommunications company Deutsche Telekom’s corporate venturing unit invested up to €2m ($2.6m) in Germany-based gaming company Flaregames on Wednesday.
The two companies have also signed a marketing agreement between Flaregames and Deutsche Telekom, where they will work together on marketing and promotion of mobile games.
The round follows a €6m fundraising last month led by Accel Partners. Flaregames was founded in 2011.
Thomas Grota, a senior investment manager at T-Venture, said: "The mobile gaming market is a fast…
