Timar Ventures invests in Jordan based Mobile games developer Maysalward
Maysalward announced today that is has received investment round from Turkish venture capital firm Timar Ventures.
Maysalward is one of the first if not the first mobile games developer in the Arab region. It was founded in 2003 in Jordan with offices in Amman and Irbid.
Maysalward has a portfolio of 35 mobile games and 20 online games with titles such as Trix, Tarneeb and Balote regional card games, which were in the top download charts over the past 5 years. Portfolio includes Tawla backgammon, street football, super arcanoid, word search and other casual and classic arcade games. Maysalward games can be found Nokia Ovi Store, BlackBerry App World, Apple App Store and other independet App stores & operator portals. The Company latest games just launched include “Hand” (a variant of Rummy) on the BlackBerry App World and “Colonel” on Apple App Store. The company says on Nokia Ovi store during 2011it has exceeded more than 250,000 downloads.
Timer Ventures, is chaired by Dr. Boulos Doany the founding CEO of Oger telecom. The VC has recently invested 1 million USD in Jordanian accelerator Oasis500.
The company says that this investment will help Maysalward focus in developing games over numerous App stores and expand in to several new markets.
The amount of the deal was not disclosed.