SponsorPay
Hasso Plattner Ventures

SponsorPay secures further €3.8m for its virtual currency ad solution

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SponsorPay, Europe’s leading provider of advertisement-based payment systems, has secured a further €3.8m of funding.

The new round comes from Hasso Plattner Ventures, Moscow’s Kite Ventures, and Team Europe Ventures who are the original backers of the Berlin-based startup.

The injection of capital solidifies SponsorPay’s dominant position in Eurpope, having recently acquired its equally young rival, Hamburg-based GratisPay, in early February. The combined properties’ customers cover the majority of the major online and social game publishers across Europe, including Gameforge, Bigpoint, InnoGames and Frogster.

SponsorPay enables online gamers to earn virtual currency by taking part in offers from its various advertising partners, such as signing up for a product trial etc. It currently has 40 employees speaking languages covering 100 countries.

(via deutsche-startups)

  • http://www.facebook.com/dumblittleblogger?ref=profile Vishal Sanjay

    Sponsor pay is a great idea and it’ll make it big very soon, its done a lot with a very small funding and work force, this is waht I call an ideal startup.

    http://www.dumblittleblogger.com/

  • http://www.spirofrog.de/blog Thomas

    Nice Deal & excellent backers.
    Keep up this Speed

  • http://www.ojointernet.com/noticias/sposorpay-obtiene-38m/ Sposorpay obtiene 3,8M

    […] una empresa de sistemas de pago basados en publicidad, ha recibido una ronda de financiación de 3,8 millones de […]

  • http://nextuplindenlab.wordpress.com/2010/06/09/sponsorpay-secures-further-e3-8m-for-its-virtual-currency-ad-solution/ SponsorPay secures further €3.8m for its virtual currency ad solution « Linden Lab

    […] secures further €3.8m for its virtual currency ad solution By nextupresearch SponsorPay, has secured a further €3.8m of funding. The new round comes from Hasso Plattner Ventures, Moscow’s Kite Ventures, and Team Europe […]

  • http://www.g6ads.com Hanson

    http://www.g6ads.com is doing the same thing, but with pay per play for iphone publishers!

  • http://eu.techcrunch.com/2010/10/06/sponsorpay-raises-seven-digit-funding-from-ibb-for-its-virtual-currency-ad-offering/ SponsorPay raises “seven-digit” funding from IBB for its virtual currency ad offering

    […] that in its previous funding round the company wasn’t shy of shouting the figure: €3.8m raised in June from Hasso Plattner Ventures, Moscow’s Kite Ventures, and Team Europe Ventures who are the […]

  • http://www.tran33m.com/vb منتديات

    Nice Deal & excellent backers.

  • Anonymous

    name sounds like an adult affilaite program

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