FunPlus raises $74 million for mobile social game development
Mobile social game company FunPlus has announced it has raised an additional $74 million in Series B funding from Orchid Asia Group, GSR Ventures and Steamboat Ventures. The company’s offices in Beijing, San Francisco and Vancouver will use the funds to support the company’s growth, as well as develop and launch multiple new titles.
FunPlus was founded in 2010, and has doubled its revenue year-over-year since 2011, with free-to-play games such as Family Farm and Royal Story on Facebook, and Family Farm Seaside on mobile.
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