Nordic Business Report-April 11, 2006-Terraplay Systems AB raises SEK25m in financing round
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The Swedish gaming middleware solutions and services provider Terraplay Systems AB announced on Monday (10 April) that it has raised SEK25m in a new financing round.
The participants included the existing investors IT-Provider, Nordic Venture Partners and VPSA, as well as the new investor Cisco Systems Inc.
The additional financing will be used to speed up the roll-out of Terraplay Systems' global gaming network.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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