With the new funding, the start-up is expected to focus on content acquisition and make its payment platform, dubbed MoVend, available for game studios globally.
The MoVend service is an in-app e-commerce platform that is set to allow users to carry out transactions and payments. In addition, the app is set to provide sales tracking and analytics option.
Stream Global’s MoVend in-app is currently available for Android-powered phones and is expected to be available on the Apple iPhone, BlackBerry OS and Windows Phone 7 mobile devices in 2012.
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