Live table games online casino Codeta.com has announced that it now has just over $2.5 million to strengthen its portfolio and introduce new marketing campaigns after successfully completing its second major funding round.
Licensed by authorities in Malta and the United Kingdom and powered by software from London-based EveryMatrix Software Limited, Codeta.com offers a selection of live dealer table games including poker, blackjack, roulette and baccarat and declared that it intends to use the cash to launch new advertising campaigns, bolster its team and “take the users’ experience to the next level” via innovative products and technology.
“We are delighted to have closed our second major funding round in under a year,” read a statement from Edward Ihre, Chief Executive Officer for Codeta.com. “It proves investor appetite remains high when it comes to the online casino sector and that Codeta.com is an attractive proposition. In a short space of time we have carved out a name for ourselves as the go-to live table games operator in key European markets and this injection of cash will allow us to take our product and brand to the next level.”
The Stockholm-based domain, which is available to enjoy via desktop as well as on mobile and tablet devices, additionally offers a selection of table games and video slots from developers such as Net Entertainment, Evolution Gaming, Play’n Go, Aristocrat, NextGen Gaming, Novomatic, Microgaming and Authentic Gaming and revealed that a full half of the amount it most recently raised came from Swedish investment firm Trention AB.
“I am really excited by the opportunity to invest in Codeta.com and the team behind the brand,” read a statement from William Heigard, Chief Executive Officer for Stockholm-listed Trention AB. “The live casino sector is very exciting, driven by creative and innovative operators such as Codeta.com. Codeta.com has already found success in the market but remains very ambitious in terms of the product and experience it offers players and the regions in which it operates and I am delighted to be a part of its future.”