Almost all Webpals 450 employees in Israel have been let go after Google clamped down on its promotion of gambling sites. Parent company XLMedia has switched the focus to sports betting from offices in the UK and US.
The Zoom of poker : Comunix banks $30M Series A
An impressive funding round for the startup developing an app that combines social gaming with live video Oshry Alkeslasi / 3 Jun 2021 • 2 min read
Israeli startup Comunix, a developer of a video-based social gaming app, secured $30 million in Series A funding. The round was led by March Gaming - the gaming focused arm of March Capital, which also invested in Israeli firm Forter. Additionally, Powerhouse, Woori Capital, Altshuler Shaham, and existing investors, including Kaedan Capital, Velo Partners, Moon Active, Shay Ben-Yitzhak, Eitan Reisel and Baladi Ventures, also participated in the round. Mitch Garber, the man who led the Playtika sale, also got in on the action.
Israeli social gaming co Comunix raises $30m
The company s biggest hit is Pokerface - a mobile social poker game that allows friends from all over the world to play Texas Hold ‘em poker and connect via group video chat.
Israeli social gaming startup Comunix today announced that it has completed a $30 million in Series A financing round led by March Gaming. Also participating in the financing round were Powerhouse Capital, Woori Investments and Altshuler Shaham. The company s existing investors include Mitch Garber, Kaedan Capital, Velo Partners, Shay Ben-Yitzhak, Eitan Reisel and Baladi Ventures.
Founded in 2018 and based in Tel Aviv, Comunix is a social gaming company with a vision for interactive gaming experiences grounded in human connection. Formed by a team of seasoned technology and gaming professionals, Comunix aims to reinvent the current gaming experience by integrating innovative methods for human communication, such as group video chat, to create a seamless social ex