Zeebo Raises $8M

San Diego-based Zeebo, the game console maker backed by wireless giant Qualcomm and Brazilian video-game developer Tectoy S.A., has raised $8 million in a combination of equity, debt, and loans convertible to stock, according to a recent regulatory filing. The Zeebo consoles are available throughout Brazil and Mexico in a plan that Zeebo laid out last year. Consumers can buy inexpensive games, download them directly to the Zeebo, and access the Internet.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

Trending on Xconomy