Ankeena Networks
Latest round
- Series B
Last raised
- Jun 2009
Total raised
- $15M
Investors
- 4
About Ankeena Networks
Ankeena Networks Inc.Founded in 2008 in Santa Clara, US, Ankeena Networks Inc. operates in the online gaming sector, offering services through its PT777 platform. The company was acquired by Juniper Networks in April 2010, which marked a significant pivot in its business strategy.com, through its platform PT777, primarily offers online slot gaming services, allowing users to engage in digital slot machine games. The platform features a variety of games designed to deliver high levels of entertainment, with a focus on user experience and engagement. The services provided cater to a diverse clientele, primarily targeting individuals interested in online gambling and gaming within the Indonesian market, but are also accessible to users in other geographical regions, including Southeast Asia. Users can access and play games that offer significant jackpot opportunities, highlighting the platform's emphasis on providing a thrilling gaming experience.com revolves around transaction-based income generated from user engagement on the PT777 gaming platform. Through a straightforward transactional structure, users place bets on various slot games, where revenue is derived from the difference between the amounts wagered and the payouts for winnings. This creates a direct-to-consumer revenue stream, as players fund their accounts to participate in the games. The platform may incorporate various pricing strategies, including promotional bonuses and loyalty rewards, which could incentivize continued play.Following its acquisition by Juniper Networks, Ankeena Networks Inc. is positioned for further growth through leveraging new product developments and market expansions. The company aims to enhance its gaming portfolio with new slot games expected to launch by the end of 2010, catering to the increasing demand from online gamblers. Additionally, Ankeena plans to expand its services beyond the Indonesian market into other Southeast Asian regions, aiming to establish a strong presence by late 2011.90 mn will be strategically utilized to support these initiatives, focusing on product development and market outreach.
Who invested in Ankeena Networks
4 investors across 2 rounds
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Questions about Ankeena Networks
Who invested in Ankeena Networks?
Ankeena Networks has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ankeena Networks raised?
Ankeena Networks has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ankeena Networks last raise money?
Ankeena Networks's most recent round on record is a Series B, in Jun 2009.
What does Ankeena Networks do?
Ankeena Networks is a media company.
Where is Ankeena Networks headquartered?
Ankeena Networks is headquartered in Santa Clara, US.
Which VCs invest in companies like Ankeena Networks?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Ankeena Networks's stage. Their profiles are linked below.
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