PapayaMobile Raises $4M to Let Developers Build, Distribute, and Monetize Android Apps

Founded in 2008, PapayaMobile has been on a track to becoming a global mobile social network and gaming platform. The Beijing-based company announced raising a $4m round of funding from DCM that it will use to continue their expansion from US and Europe into these Chinese market, get more developers on board and continue development of social and mobile gaming applications. In addition, PapayaMobile has announced the release of their Papaya Social SDK that will allow Android developers to build, distribute and monetize games for free.