Social Game Developer Zynga Raises $29 Million Series B, Acquires YoVille
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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i luv the yoville game it is so awesome
sevgi
i think you guys should make another vertual world game but make it way better than yoville……….if you can
they took of me 5000 yocash and 29000 coins hurry me! yoville please
I love yoville!!
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.
how i can make yocash in yoville game i don’t know any thing
heloo i love yovileeeeeeeeeee
bye!
i got scammed 4 200 yocash and6000 yocoins please help me shadowoba@yahoo.com
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HI I REALLY NEED HELP I APPLIE FOR NYTIMES AND BLOCKBOOSTER OFFERT BY FACEBOOK YOVILLE 3 WEEKS AGO AND I DIDNT RECIVE NATHING I AM SO SAD BECAUSE I PLAY ALOT AND I WANT TO BUY V-DAY STUFF.I ALREDY DO EVERYTHING I CAN DO ANT STILL DONT GET NATHING PLS SOME ONE HELP ME
i love yoville so much nice game and lovely game
I really like yoville i have been scamed several times but thats te good thing about yoville sometimes we need to learn how to get back up on your feet.
ive been scammed 3 times probably lost about 3 to 4k how do i get it back
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