Trip Hawkins’ venture Digital Chocolate has received a new multi-million dollar round of funding from Bridge Capital Holdings. Digital Chocolate, founded in 2003, is mainly focused on making mobile and social games. With over 80 titles for mobile phones, Xbox Live and the web, they have really shown they are serious about making quality titles [...]
Continue reading...Saturday, May 8, 2010
Going to school and need some extra cash? Headed into the game industry when you graduate? Apply now for the Official Penny Arcade Scholarship and you could get $10,000 to use on rent, food, books, tuition, you name it. The scholarship is good for the 2010-2011 academic school year and the winner will be announced [...]
Continue reading...Monday, February 22, 2010
As reported over on VentureBeat, mobile game developer Moblyng has filed SEC paperwork for a $1 million round of funding. The company, which started as FlipTrack in 2007 (an endeavor that saw them porting Flash slideshows to the mobile landscape), is responsible for the games m:poker and m:vampires. There are no specific details available as [...]
Continue reading...Friday, December 18, 2009
Russian tech investor, Digital Sky Technologies (DST) put a cool $180 million into Zynga earlier this week, and has now claimed a 5 percent stake in Facebook after its latest investment. Just a few months ago in May 2009, Digital Sky Technologies put over $200 million into Facebook for 1.96 percent stake in the social [...]
Continue reading...Thursday, December 3, 2009
The world’s fastest growing social dating network, Zoosk today announced a bushel of new funding – to the tune of $30 million. VentureBeat reports that the latest round was led by new Bessemer Venture Partners, but existing investors Canaan Partners and ATA Ventures also participated. David Cowan, a partner at Bessemer, will join Zoosk’s board. [...]
Continue reading...Tuesday, December 1, 2009
gWallet (a San Francisco-based social games company which launched in August) just announced $12.5 million in its first round of funding from venture firms Adam Street Partners, Trinity Ventures and other investors. gWallet is a “virtual currency platform for social media”. The company works directly with advertising agencies to figure out ads and offers can [...]
Continue reading...Friday, November 20, 2009
SEC filings show Zynga recently raised$15.1 million in a third round of funding— to date, the social game developer has received over $54 million of backing for building some of the top titles on Facebook and Myspace. Zynga has number of social games, such as FarmVille and YoVille, which have seen huge early success in [...]
Continue reading...Thursday, November 12, 2009
Playdom has scored a successful round of Series A funding – $43 million worth, reports TechCrunch. In case you didn’t know, Playdom’s Mobsters is one of the most popular games on MySpace, with over 14 million users. The investment comes from New Enterprise Associates (NEA), Playdom chairman Rick Thompson, Lightspeed Venture Partners and Norwest Venture [...]
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Thursday, June 10, 2010
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