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.



November 8th, 2011 at 3:33 pm
[...] 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 [...]
December 30th, 2011 at 10:32 am
[...] 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 [...]
March 19th, 2012 at 12:49 pm
[...] 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 [...]
May 8th, 2012 at 3:49 pm
[...] 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. [...]
May 8th, 2012 at 3:55 pm
[...] 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. [...]
May 8th, 2012 at 4:02 pm
[...] 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. [...]
May 8th, 2012 at 4:26 pm
[...] 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… [...]
May 8th, 2012 at 4:32 pm
[...] 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. [...]
May 8th, 2012 at 4:34 pm
[...] 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… [...]
May 8th, 2012 at 6:12 pm
[...] 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. [...]
May 8th, 2012 at 6:55 pm
[...] 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. [...]
May 8th, 2012 at 7:12 pm
[...] 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. [...]
May 8th, 2012 at 7:19 pm
[...] 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… [...]
May 8th, 2012 at 9:51 pm
[...] 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. [...]
May 8th, 2012 at 10:13 pm
[...] 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. [...]
May 9th, 2012 at 12:14 am
[...] 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. [...]
May 9th, 2012 at 2:25 am
[...] 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. [...]
May 9th, 2012 at 4:25 am
[...] 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. [...]
May 9th, 2012 at 5:00 am
[...] 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. [...]
May 9th, 2012 at 6:54 am
[...] 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. [...]
May 9th, 2012 at 7:05 am
[...] 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. [...]
May 9th, 2012 at 9:30 am
[...] 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. [...]
May 9th, 2012 at 12:02 pm
[...] 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. [...]
May 9th, 2012 at 12:12 pm
[...] 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. [...]
May 9th, 2012 at 10:40 pm
[...] 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. [...]
May 10th, 2012 at 6:00 pm
[...] 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. [...]
May 15th, 2012 at 6:24 pm
[...] 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. [...]
May 21st, 2012 at 9:14 am
[...] 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. [...]