informa
1 MIN READ
News

PlayMob secures $787,000 for in-game fundraising technology

PlayMob, which develops the GiverBoard technology enabling developers to raise money for charities through microtransactions in their online games, has secured a £500,000 ($787,000) investment.
PlayMob, which develops the GiverBoard technology enabling developers to raise money for charities through microtransactions in their online games, has secured a £500,000 ($787,000) investment. The company will use this new financing to grow its staff from 8 workers to 13, to automate GiverBoard so that it will have a larger reach, and to develop a variety of add-ons designed to help generate further revenue. Through GiverBoard, PlayMob works with developers internationally to design charitable campaigns for their games. Those studios drop virtual goods in their titles, and donate up to 80 percent of proceeds from their sales to charities. PlayMob has already helped raise thousands of dollars with several GiverBoard campaigns, including one with Parallel Kingdom in which users could buy virtual soup to provide a meal to a homeless person via the HELP USA charity. Participants in this round of funding include British endowment group NESTA, Midven, and a number of angel investors -- game industry veteran Ian Livingstone was one of those backers, and is now chairman for PlayMob's board.

Latest Jobs

Manticore Games

San Mateo, California
8.23.22
Senior Software Engineer - Mobile

Sony PlayStation

San Diego, California
6.23.22
Sr. Online Programmer

The Walt Disney Company

Glendale, California
8.1.22
Associate Marketing Manager - Walt Disney Games

Insomniac Games

Burbank, California
8.26.22
Accessibility Design Researcher
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more