Innovation, Startups and Venture Capital in Iceland

QuizUp raises $7.5 million from Glu Mobile

Glu Mobile (GLUU), maker of mobile games such as Kim Kardashian: Hollywood, just announced a $7.5 million dollar funding round in Plain Vanilla – makers of QuizUp.

The funding comes in a form of convertible debt. Glu has the option to acquire Plain Vanilla if the cooperation goes well.

Read more on VentureBeat

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