Games - Tuesday, December 19, 2006
Mobile Games' Glu Mobile Files $92M IPO
San Mateo-based mobile games publisher Glu Mobile filed to go public to raise an estimated $92M. The company, formerly known as Sorrent, was backed by VC firms including BA Venture Partners and Sienna Ventures. We don't see too much that impresses us about Glu. The company's CEO has connections with Time Warner that he has run with to land some brands. No details yet on revenues so we will continue our vigil.
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