LOS ANGELES -- Benchmark Capital joined the Habbo success story by leading an investing round of $23.5 million in Sulake Corporation - the creator of Habbo Hotel. Current owners of Sulake, 3i Group plc and Finnish telecom company Elisa Group, co-invested in the financing.
Interactive entertainment company Sulake has chosen Ericsson's (NASDAQ: ERICY) Internet Payment eXchange IPX content billing and payment solution for its Habbo Hotel virtual meeting place and gaming environment. IPX will be used to support premium SMS and WAP payment services in Scandinavia.
HELSINKI, Finland & TOKYO, Japan -- Sulake Corporation, which operates the leading online teen community Habbo, has started a new strategic cooperation in Japan. Movida Group -- a joint venture by SoftBank BB Corp. and Asian Groove -- has agreed to invest 6 million Euros of equity into Sulake Corporation....
LOS ANGELES -- Alloy to Launch U.S. Marketing Campaign and to Serve as Exclusive Advertising Representative for Habbo Hotel - Sulake's Popular Online Community
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