02 Sep 2008   |   News

Online gaming specialist NYX raises €5M

Funding round completed

NYX Interactive, a Swedish developer and supplier of online gaming technology, attracted €5 million in funding from one of Scandinavia’s leading venture capital investors in the information technology sector, Nordic Venture Partners.

NYX Interactive, which was formed two years ago, will use the money to find its international expansion.

Staffan Lindgren, CEO of NYX Interactive, said that in addition to being a significant transaction in financial terms, the funding was also a validation of its products. “We are moving to a new level, where we will expand to become a true international company and supplier to state-run lottery operators and traditional licensed operators. This investment enables us to ramp up our growth strategy, which is tremendously valuable to our operator customers [who] cannot afford to be locked into inflexible and proprietary systems.”

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