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| By - Justin Smith - | 10 Comments » |
Zynga Game Network, one of the largest social gaming developers and networks, is announcing this morning that it has closed a whopping $29 million Series B financing round, on top of an already large $10 million Series A round it raised just six months ago. The round is
led by Kleiner Perkins Caufield & Byers and Institutional Venture Partners, and includes funding from previous investors Union Square Ventures, Foundry Group and Avalon Ventures.
As part of the investment, Bing Gordon, who recently left EA for KP, will take an active director role in building the company. Gordon, who was the co-founder and former chief creative officer of Electronic Arts, joins LinkedIn chairman Reid Hoffman, Brad Feld of Foundry Group, and CEO Mark Pincus on the board.
In addition Zynga is announcing the acquisition of Facebook application YoVille, which it claims is the “largest virtual world game” on social networks. YoVille’s rapid growth to 150,000 daily active users has caught the attention of many Facebook application developers recently, and it joins a number of other top (and formerly independent) Facebook game developers that have joined the Zynga fold.
What are Zynga’s plans for its $39 million war chest? “We are doubling down on social gaming, raising the production quality and scaling the infrastructure,” says Pincus. Apparently, Zynga plans to spend a lot more than most small developers have spent creating the first generation of social games.
For more, see Inside Facebook.
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July 23rd, 2008 at 2:04 am
[...] ist, rüstet nun auch der größte Konkurrent zynga finanziell noch mal ganz ordentlich auf. Ausgestattet mit einer Finanzierung von $10 Mio. aus der ersten Runde, wird nun in der zweiten noch …, um das Wachstum weiter zu beschleunigen (am Rande: diese Summen sollten klassische Games-Publisher [...]
November 7th, 2008 at 8:45 am
i luv the yoville game it is so awesome
February 10th, 2009 at 1:52 pm
sevgi
April 18th, 2009 at 7:42 pm
i think you guys should make another vertual world game but make it way better than yoville……….if you can
May 26th, 2009 at 9:28 am
they took of me 5000 yocash and 29000 coins hurry me! yoville please
June 25th, 2009 at 12:41 am
I love yoville!!
July 18th, 2009 at 6:53 am
I think someone should make a virtual game where I can virtually look out my windows, maybe virtually go bike riding, or maybe go virtually shopping at the virtual super market. Maybe have a virtual computer where i can virtually log on, and play a virtual game.
July 24th, 2009 at 4:40 am
how i can make yocash in yoville game i don’t know any thing
September 19th, 2009 at 4:25 pm
heloo i love yovileeeeeeeeeee
bye!
November 3rd, 2009 at 9:59 pm
i got scammed 4 200 yocash and6000 yocoins please help me shadowoba@yahoo.com