Worldplay Communications closes additional financing

Ted Liu

Worldplay Communications Inc., a Calgary based online video broadcasting solutions company, has closed a second tranche of new round financing.

[mepr-active rule=”374″ ifallowed=”hide”]##Subscribers, please login to read deal details. Not yet a subscriber? Subscribe today to see our research on this deal and all other subscriber ONLY deals##[/mepr-active][mepr-active rule=”374″]Worldplay Communications raised $1,031,100 on March 6 from 28 investors. The new closing is in addition to the initial closing of $1,382,000 held in December 2016. Worldplay has raised $6.3 million since 2016.

Richard Winston DeVries of Freeport, The Bahamas, CEO of Oceanic Greystone Securities Inc., is the largest investor/shareholder, having invested over $36.7 million in the company.

Wordplay helps organizations and content producers create powerful online communication platforms that can be used for the management, promotion, creation and monetization of online video.

photo credit: Worldplay Communications