Codeta details latest funding round

Codeta has announced the launch of a second funding round as part of its wider growth plans.

The live table games developer is aiming to secure support from investors at it expands its presence into new markets across Europe.

The latest campaign follows Codeta’s launch in new regions such as the UK, Germany and Austria and Switzerland, with funds raised to be used to support planned marketing campaigns.

Edward Ihre, chief executive of Codeta, said: “Codeta.com has been on an incredible upward growth trajectory since we first went live earlier this year.

“To keep building momentum, we need to enter new markets, continue to launch new products, and put additional weight behind our marketing campaigns.

“This funding round will allow us to do all of this, and continue with our mission to bring live table games into the mainstream.

“The vertical has huge potential, and we have positioned ourselves to capitalise on it in the coming months.”

Related article: Codeta furthers reach with UK launch