- Odeeo intends to develop its present operations in North America in addition to Asian territories equivalent to Korea and Vietnam
- Odeeo co-founder and president Elad Stern has additionally relocated from Tel Aviv to New York
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World in-game audio promoting platform Odeeo has closed a $5 million funding spherical from current and new buyers.
Kprea’s Atinum joined buyers Play Ventures and Anton Gauffin to assist gasoline Odeeo’s world growth. Odeeo is trying to develop in key markets, primarily North America, the place it’s already rising its US workforce operations. The brand new funds are timed with these growth efforts.
Earlier this 12 months, Odeeo partnered with MENA-based Evolution Media Group to assist manufacturers and publishers within the area create related audio advertisements. Odeeo may even associate with Atinum to create a larger presence in Asian territories, together with Korea and Vietnam, alongside its current partnerships in Japan.
Strategic partnerships
“Atinum prides itself on unearthing corporations with excessive progress potential. Odeeo has the intrinsic worth a VC seeks in its investments. Odeeo has the magic mixture of expertise, folks, traction and scalability, and it completely enhances our portfolio,” mentioned Sang-Ho Park, managing director of Atinum Investments.
“We’re delighted to welcome Atinum Investments to the Odeeo household, and we’re excited that they share our imaginative and prescient for the way the facility of audio can evolve the gaming business. Their experience in gaming and tech, in addition to their robust presence in certainly one of gaming’s largest markets, can be important to serving to Odeeo meet the worldwide demand for our choices,” mentioned Amit Monheit, Odeeo CEO and co-founder.
Along with the funding and growth information, Odeeo co-founder and president Elad Stern has relocated from Tel Aviv to New York to affix VP of selling Dan Feldstein, business lead Hames Kowan, and company gross sales lead Kathleen Verdugo.
“In-game audio has grow to be rather more mainstream prior to now two years, and nowhere is extra important to adoption than the US market. I’m very excited to be shifting to New York to open Odeeo’s first full American workplace and work with the US workforce to champion in-game audio options to the world’s largest advertisers and businesses,” mentioned Stern.
