Games - Thursday, July 24, 2008
Social Games' Zynga Buys YoVille; Raises $29M
Last year we started to see some social games mini-events that were amateurish but well attended. It was a good omen for what was to come. Today San Francisco-based Zynga announced that it had raised $29M and had bought YoVille.
The round was led by Kleiner Perkins Caufield & Byers along with Institutional Venture Partners. Previous investors Union Square Ventures, Foundry Group and Avalon Ventures were also back. Zynga had raised $10M in a prior round.
Zynga also added to is board with former co-founder and chief creative officer of Electronic Arts, Bing Gordon, who joins LinkedIn’s chairman Reid Hoffman, Foundry Group’s Brad Feld and Zynga’s CEO Mark Pincus.
Zynga says it gets 18M monthly visitors and makes a living through ads and selling customers add-ons to the games. Like Slide it created an ad network for installs.
Popular Zynga game
Mark Pincus Interview
Pincus probably sounds familiar. He was CEO of early social network Tribe.
View - site
More Recent Articles
You Can't Rain On A Parade That Isn't Happening!
Tuesday October 14, 2008
I hate saying this, but you can't trust today's 936 point gain, no matter how much it helps your sagging portfolio. More than anything we would like to be able to write that everyone should be jumping back in the market. It would certainly help the ... Full Story
Web Sites For Dummies' Wix.com Raises $3.5M
Monday October 13, 2008
Wix, a developer of an online application for creating Flash-based websites, has raised $3.5M in second-round funding. Mangrove Venture Capital led the round, and was joined by Bessemer Venture Partners. Wix's paid service costs $9.90 per month, whi... Full Story
Categories
- Venture Capital (274)
- Advertising (375)
- Aircraft (15)
- Alternative Energy (213)
- ASP (38)
- Batteries (9)
- Biometrics (3)
- Communications (56)
- Digital Hollywood (16)
- Digital Home (32)
- eCommerce (398)
- Educational Software (21)
- eHealth (23)
- Email Software (5)
- Enterprise Software (230)
- Euro Ventures (80)
- File Sharing (21)
- Financial Software (26)
- Games (159)
- Hardware (44)
- Homeland Security (7)
- IMterviews (6)
- IPO (35)
- Jobs (40)
- Media (308)
- Nanotechnology (14)
- Networking (91)
- News & Updates (1384)
- Online (5)
- Peripherals (36)
- Photo Software (45)
- Publishing (7)
- RFID (3)
- Robots (15)
- Satellites (7)
- Search (188)
- Security (88)
- Semiconductors (69)
- Social Networking (384)
- Space (1)
- Sponsored Post (11)
- Storage (34)
- Tech stocks (49)
- Telecom Equipment (10)
- Video (206)
- Voice (64)
- Web 2.0 (106)
- Web Development (5)
- Where Are They Now (29)
- Wireless (350)
Wow good for them, I've enjoyed that game in the past and it's definitely one of my favorite facebook apps. I wonder how much Zynga will begin to charge users?
Posted by: Alex at July 25, 2008 01:38 AM
Post a comment