6waves Lolapps Confirms Funding From Nexon, Insight Venture Partners

Recently merged social game developer and publisher 6waves Lolapps confirmed today that it has raised funding, naming Nexon and Insight Venture Partners as investors.

Though 6waves Lolapps did not disclose terms of the investment, previous reports based on an SEC filing put the total at $35 million.

While the New York-based Insight Ventire Partners has had a history of backing social game companies, Korean company Nexon is fairly new to the space — both as an investor and a developer. Its most recent activity was the public beta launch of Maple Story: Adventures, a Facebook role-playing adventure game based on Nexon’s long-running MMO, Maple Story. Prior to that, the company invested $5 million in social game developer A Bit Lucky.

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28 Responses to “6waves Lolapps Confirms Funding From Nexon, Insight Venture Partners”

  1. Inside Social Games · Report: Nexon Filing for $1.3 Billion IPO says:

    [...] its commitment to the social gaming space in recent months through strategic funding. The company invested an unspecified amount in developer and publisher 6waves Lolapps in August and $5 million in social gaming company A Bit [...]

  2. Inside Social Games · 2011′s Social Game-Related Mergers & Acquisitions: Inside Social Games and AppData’s Performance Review says:

    [...] with Ravenwood Fair publisher 6waves in July to form 6waves Lolapps. The newly minted company raised $35 million from Insight Venture Partners and Nexon just one month later and went on to establish a $10 million [...]

  3. Exclusive: 6waves Lolapps cuts development staff, focuses exclusively on publishing says:

    [...] Ravenwood Fair developer Lolapps and Facebook game publisher 6waves. Shortly after, the company secured $35 million in funding from Nexon and Insight Venture Partners, expanded into mobile publishing and acquired Smartron5 and [...]

  4. Former LOLapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | TechCrunch says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  5. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | Arizona Technology Investor Forum says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  6. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | BoreroNews says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  7. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | Oakdale News says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $ 35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon… [...]

  8. iPhone Games » Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  9. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | Delano News | Delano Local News says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $ 35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon… [...]

  10. Wordpress Themes » Blog Archive » Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  11. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | freeinkcartridges.info says:

    [...] Lolapps, the Facebook video game developer driving Ravenwood Reasonable, was merged with publisher 6waves final July. They then took about $ 35 million in funding from Insight Venture Partners and South Korean gaming big Nexon. [...]

  12. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | SIMPLYGRAY says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  13. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | MyTouch 4G Review says:

    [...] Lolapps, the Facebook video game developer behind Ravenwood Truthful, was merged with publisher 6waves final July. They then took about $ 35 million in funding from Perception Venture Partners and South Korean gaming big Nexo… [...]

  14. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Mexico Beach Vacation Packages says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  15. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | All Inclusive Adventure Honeymoons says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  16. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Spare the Rod and Spoil the Child says:

    [...] Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR May 9, 2012 No Comments Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  17. Noah Zimmerman » Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  18. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  19. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Channel 8 Local News says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  20. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIRAnimals Kids Costumes | Animals Kids Costumes says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  21. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | Crowdfunding News says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  22. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Disney Vacation Club Resales says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  23. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Fashion Blogs says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  24. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Dana Barron Movies says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  25. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Tribune Democrat Johnstown Pa says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  26. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP?s Chamath Palihapitiya?s Fund As An EIR | Honeymoon Inclusive says:

    [...] Arjun Sethi, who was the CEO of early social game developer LOLapps, has landed at Chamath Palihapitiya’s venture fund The Social+Capital Partnership as an entrepreneur in residence. It’s a soft landing after his company’s merger with social games publisher 6Waves didn’t go quite as planned. Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  27. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR Technology-Stuff.com | Technology-Stuff.com says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

  28. Former Lolapps CEO Arjun Sethi Lands At Former Facebook VP’s Chamath Palihapitiya’s Fund As An EIR | Tech Chatter says:

    [...] Lolapps, the Facebook game developer behind Ravenwood Fair, was merged with publisher 6waves last July. They then took about $35 million in funding from Insight Venture Partners and South Korean gaming giant Nexon. [...]

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