Toronto's Fuse Powered raises $2M from BlackBerry Partners Fund and NFQ Ventures

Posted by Knowlton Thomas

Toronto's Fuse Powered has completed a $2-million seed funding round, with contributions from BlackBerry Partners Fund and NFQ Ventures. The investment will accelerate Fuse, a mobile game publisher, from early-stage to fully established as it finalizes plans for developer and brand partnerships, new business initiatives, and mobile game launches in the coming months. 

Formed in 2009, Fuse offers "comprehensive analytics tools to support its mobile development partners, such as a real-time game performance dashboard and data-driven business plans." The company also leverages its games to build audiences and visibility for development partners in the App Store, advises partners on how to monetize their games, community, and marketing initiatives.

“The Blackberry Partners Fund investment represents an affirmation of Fuse’s global thought leadership as mobile game publishers and the unique nature of our proprietary tools and position in the market,” said Jon Walsh, CEO of Fuse Powered Inc. “The investment will accelerate our progress and give us an edge in the marketplace.”

"Fuse brings a unique analytics driven approach to the mobile gaming publishing space that optimizes both game discovery and monetization," said Marc Faucher, Partner at BlackBerry Partners Fund. "We’re thrilled to be adding the company to our investment portfolio and working with a team with such deep industry experience, strategic relationships and knowledge of the gaming space.”

Company:
Relay Ventures
Website:
http://www.relayventures.com
Location:
Toronto, Ontario, Canada

Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Menlo Park and Toronto,... more

Company:
Fuse Powered
Website:
http://www.fusepowered.com
Location:
Toronto, Ontario, Canada

Fuse is a digital mobile game publisher, representing the world's best content developers to deliver great games to casual mobile gamers everywhere. Fuse increases the value of games by managing their exposure throughout their lifecycle in the Apple App Store. Fuse combines industry knowledge, a proprietary library, a real-time game performance dashboard and an ecosystem of users, internal and external marketing... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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