Codeta.com Invests Millions into Games and Marketing

With plans to beef up its games selection and new marketing endeavors, Codeta wraps up a €2.3 million funding round. The operator caught the attention of global investors including Nasdaq Stockholm-listed Trention AB, which contributed half the capital.

The operator will use the additional funds to invest in new products and technology to take the user's experience to the next level, launch in new and exciting marketing campaigns, and bolster its team with new hires.

Codeta CEO Edward Ihre, commented, “We are delighted to have closed our second major funding round in under a year. It proves investor appetite remains high when it comes to the online casino sector, and that Codeta is an attractive proposition.

“In a short space of time we have carved out a name for ourselves as the go-to live table games operator in key European markets, and this injection of cash will allow us to take our product and brand to the next level.”

Trention CEO, William Heigard, said, “I am really excited by the opportunity to invest in Codeta and the team behind the brand. The live casino sector is very exciting, driven by creative and innovative operators such as Codeta.

“Codeta has already found success in the market, but remains very ambitious in terms of the product and experience it offers players and the regions in which it operates, and I am delighted to be a part of its future.”

If you’ve been following Codeta closely, it wasn’t long ago that the brand emerged with a spiffy website and logo. The team behind the brand is passionate about table games, a sentiment evident in the classy video tutorials launched in late 2016. Live dealer products are provided by Authentic Gaming, Evolution Gaming and NetEnt.

Beyond classic casino games, online gamblers are greeted by a collection of slot games provided by the likes of Aristocrat, Novomatic and Play’n GO to name a few.