Funzio Receives $20,000,000 Series A Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd082cd3-5e8a-4e16-980e-5563ec40a73e&Preview=1 -
Date
5/10/2011 -
Company Name
Funzio -
Mailing Address
Undisclosed San Francisco, CA 94123 -
Company Description
Funzio developed the social game Crime City in 2010 and it quickly became a mega hit. Funzio plans to continue to create free-to-play high quality, innovative and polished games for Facebook and mobile that are action-packed and foster competition. -
Website
http://www.funzio.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Funzio plans to use the funding to triple its team this year and scale its business so that it can launch games faster and develop them in parallel. -
M&A Terms
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Venture Investor
IDG Ventures SF -
Venture Investor
IDG Ventures Asia
