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Article: Playdom Raises $43 Million in Series A Funding.
- Article from:
- Business Wire
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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First Outside Financing Round to Fuel Playdom's Explosive Growth
MOUNTAIN VIEW, Calif. -- Playdom, a leading social gaming company, announced today that it has closed $43 million of financial investments as part of its Series A financing. The investment, led by New Enterprise Associates (NEA), along with Playdom chairman Rick Thompson, Lightspeed Venture Partners and Norwest Venture Partners (NVP), will be used to finance strategic acquisitions and expand the company's pipeline of market-leading games.
"We are focused on growing Playdom into a world-class gaming company. A number of compelling games are in development for 2010, and we're bullish about ...