Social gaming news roundup: Zynga, Wooga and funding
Social game companies raised $807 million in 2011 – Social games raised a record $807 million in funding last year according to VentureBeat. More than half of that figure was the $490 million Zynga received in February from Morgan Stanley, T. Rowe Price and others. According to VentureBeat’s summary, the biggest social game funding rounds of the year were:
- Zynga $490 million
- Kabam $85 million
- SixWaves Lolapps – $35 million
- Happy Elements – $30 million
- Wooga – $24 million
- Crowdstar – $23 million
- Funzio – $20 million
- Kixeye – $18 million
- SNS Plus $12.5
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