Games - Tuesday, May 29, 2007
Chick Gamer Biz PlayFirst Posts $5M In Revs
Last week, we posted that casual game site Big Fish Games is swimming in $24M in revenues. Big Fish may be the top causal games venture but others like PlayFirst are also enjoying growth.
San Francisco-based PlayFirst tripled revenues in 2006 to $5M, up from $1.3M in 2005, although it is still not profitable (it has to pay 70 employees). The startup raised funding from Mayfield, Trinity and Rustic Canyon. To get there the company is considering in-game ads, product placements and film/TV licensing.
The company's newest game Chocalatier is a hit
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