Oberon Media, the NYC-based mobile and online casual gaming firm which recently did a restructuring and management changes, has received another $20 million in funding, from the Infinity I-China Fund. This funding will help Oberon expand its publishing and distribution business and establishing new partnerships in China. Infinity IChina is Israeli-Chinese equity fund...it plans to do some more investments in the gaming sector in the region. Some more details in the release.
Founded in 2003, Oberon Media is backed by some big money from Goldman Sachs, Morgan Stanley, Oak Investment Partners and Lehman Brothers.
By Rafat Ali