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Megacool Secures $1.5 Million

Mobile gaming technology startup Megacool Secures $1.5 Million
Credit: megacool.co

Mobile startup Megacool announced it has secured $1.5 million in seed financing. Two investors contributed to the round, including Alliance Venture.

Megacool is a mobile game technology startup based in San Francisco, with a second office in Oslo, Norway, that focuses on bringing word-of-mouth marketing to the digital world of mobile games. Megacool’s API allows players to record brief clips of gameplay and share them via SMS message and other social channels as GIFs.

The company revealed that this seed round will be used to expand the Megacool team, particularly the engineering and development team, which is based in Oslo. Funds will also be used to accelerate product and business development as the company continues to expand its API and bring developers into its current beta.