RockYou Invests in Asian Market with $10 Million from SoftBank

Wed, Jun 9, 2010

Facebook, Social

SoftBank has been investing in many small companies that are looking to take their business on the web and is continuing with this approach in its latest move in investing $10 million into RockYou, reports Inside Social Games.

RockYou has received several rounds of funding, with a good $50 million chunk coming from SoftBank already. In the press release announcing this new round of funds, RockYou also announced that it now has a majority stake in its Asian branch called RockYou Asia. RockYou Asia develops applications and games for most of the eastern Asian markets.

RockYou is a major Facebook developer that has recently taken a social path with its new developments. The latest move is to expand its share in Asia and with the investment from SoftBanks, their dream may become a reality.

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Talor is a Contributing Editor at Frisky Mongoose focusing on the mobile side of the social gaming world.

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