Social gaming play, Playfish, announced today that it has completed a new round of funding led by Accel Partners and Index Ventures. The $17 million Series B investment will be used to grow Playfish. The company is betting on social games, which according to Playfish, has an important role in the future of the gaming [...]
October 28th, 2008 | rp | Comments | ContinuedAll Posts Tagged With: "Social Gaming"
Virtual world company Gaia Online raises $11 million series C
Gaia Online, the leading online hangout for teens, has raised $11 million Series C round from Institutional Venture Partners (IVP). eMarketer is predicting that the number of teen internet users visiting virtual worlds will jump from the reported 8.2 million users in 2007 to 20 million in 2011, Gaia Online is targetting this growing audience [...]
July 25th, 2008 | rp | Comments | ContinuedEA acquires Rupture - social games network
Electronic Arts, the game publisher and an industry heavyweight in interactive entertainment software a.k.a. video games announced that it has acquired ThreeSF, the company behind Rupture, the social game network.
Detailed press release available here. EA paid around $30 million for the company and will announce further plans for rupture.
Hot new trend - Social Gaming
After facebook, myspace , LinkedIn and a myriad of other social networks raking in rich valuations for their large user bases, it’s now a hot new trend that is emerging - Social Gaming.
While social networks such as Facebook have drawn attention for their ability to rapidly attract users, the gaming applications that run on them [...]
