GreenDimes
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
GreenDimes - overview
Location
Palo Alto, CA, US
Primary Industry
Internet
About
GreenDimes is an online gambling platform that specializes in providing diverse online slot games, focusing on user experience and player engagement within a secure environment. GreenDimes operates as an online gambling platform, primarily focusing on slot games. The company was founded with the goal of delivering engaging gaming experiences. The headquarters is located in Palo Alto, US.
In July 2007, GreenDimes secured USD 20. 5 mn in Series A financing led by Tudor Investment Corporation, marking its first round of external funding. The company has raised a total of USD 20. 5 mn to date.
GreenDimes offers a credible online gambling platform with a variety of online slot games. The suite of services is tailored for online gaming enthusiasts, providing accessible, high-quality slot machines that prioritize user engagement. The company ensures compliance with industry regulations, catering to customers primarily located in Indonesia and other Southeast Asian regions. The platform is designed to serve both casual and serious gamers, addressing a range of motivations in the online gambling landscape.
GreenDimes generates revenue through transaction-based services tied to its online slot games. The business model is based on direct-to-consumer transactions, enabling users to participate in gaming activities that can result in significant jackpot wins. Revenue is derived from subscription models and pay-per-play fees, where users purchase credits or tokens for gameplay, facilitating a steady revenue stream through these transactional services. GreenDimes plans to leverage its recent funding from the Series A round in July 2007, amounting to USD 20.
5 mn, to enhance its product offerings. The company is actively developing new online slot games, with a focus on increasing user engagement and expanding its library. Furthermore, GreenDimes aims to enter new markets in Southeast Asia, targeting regions with a growing interest in online gaming by the end of 2024. The funding will be utilized to support these developments and facilitate the expansion strategy.
Current Investors
Tudor Investment Corporation
Primary Industry
Internet
Sub Industries
Internet
Website
www.greendimes.com
Company Stage
Series A
Total Amount Raised
Subscriber access only
GreenDimes - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.