Tuesday, May 31, 2011

European social game developer nets $24 million

The largest online social games developer in Europe announced today it has received US$24 million in funding, bringing its total capital raised to $31.5 million.

The Berlin-based wooga creates games for Facebook users which attract 30 million players each month. The funding will be used to produce new social games, a press release stated.

The Series B investment made in wooga games is being led by Highland Capital Partners, followed by Tenaya Capital and current investors Balderton Capital and Holtzbrinck Ventures.

wooga doesn’t get nearly as much attention as rivals Zynga and EA, TechCrunch pointed out.

However, games created by wooga (which stands for “world of gaming”) include Monster World, Diamond Dash and Bubble Island. It has doubled its user base from 14 million to 30 million monthly active users this year, and is now the third largest game-maker on the Facebook platform.

Image: The Diamond Dash Game, by wooga

No comments:

Post a Comment