Fresvii raises $4M for AppSteroid social network with mobile voice chat

Fresvii has raised $4 million from Japan’s Nissay Capital to expand AppSteroid, its mobile gaming social networking service.

Fresvii's AppSteroid platform helps games become more social.
Fresvii’s AppSteroid platform helps games become more social.

The funding shows the huge demand for bring social to mobile games, which have become a $30 billion industry worldwide.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.