Marseille, France, May 4, 2010 (ots/PRNewswire)
- WYPLAY SAS, a pioneer
in the development of the High-Definition Media Center, today
announced it has closed a 9 million euro third round of financing.
Amundi Private Equity Funds, who led this 3rd round, was joined
by A Plus Finance, Elaia Partners and Sofinnova Partners, Wyplay's
second round lead investors reflecting their continued confidence in
the company. Together with the two previous investment rounds
totaling EUR14 million, the third round of investment brings the
amount raised by Wyplay to EUR23 million over three years.
Independent, global, and internationally recognized, Wyplay
provides state-of-the-art solutions for Connected-HDTVs, Media Center
CE devices, HD IPTV boxes, HD Set Top Boxes, and in-home media-HDD
products. Wyplay has to date experienced an immediate and remarkable
success among international Tier 1 clients that include SFR-Vodafone,
the world's 3rd largest IPTV operator, and D-Link, the leading
end-to-end networking solutions provider for consumers and business.
"We are just simply impressed by the progress made by Wyplay in
such a short period of time, especially considering the quality of
brand names they have secured. The team, their vision, and their
combined competencies are revolutionizing the CE Media Center
eco-system." said Mathieu De La Rochefoucauld, Amundi Partner. "The
products which will hit the market in mass production in September
will prove that there is 'a before' and 'an after Wyplay'>>
"The continuous string of successes that Wyplay has created
reinforces our initial, and continued belief in both this market and
the Wyplay team" said Alain Tingaud, speaking on behalf of Wyplay's
historic investors: Sofinnova, Elaia Partners, and A Plus Finance.
"Together with Sofinnova, Elaia Partners and A Plus Finance, we
have built an international recognized company in the CE industry by
delivering disruptive solutions to major international customers"
said Jacques Bourgninaud, Wyplay CEO. "This new round will enable us
to expand our current offering by adding breakthrough web services
including an Application Store and the aggregation of hundreds of
on-line TV content providers."
The transaction was led by Clipperton Finance, acting as Sole
Manager. Clipperton Finance is a leading European corporate finance
firm, with offices in London and Paris, specializing in
mergers-acquisitions and financing rounds for high-technology and
ots Originaltext: Wyplay
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CONTACT: For further information, please contact: Dominique Feral,
EVPMarketing, WYPLAY SAS, Tel: +33(0)491-457-180, Mobile: