Xconomy Seattle

PopCap Games Receives $22,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60adcbeb-36b2-4075-959b-6cbacfb620a3&Preview=1
Date
10/6/2009
Company Name
PopCap Games
Mailing Address
2401 4th Ave Seattle, WA 98121
Company Description
Here at PopCap our goal is to create fun games that literally everyone can enjoy. Our games are easy to learn, tough to master…and utterly addictive!
Website
http://www.popcap.com
Transaction Type
Venture Equity
Transaction Amount
$22,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding round represents a minority stake and is the first in the ten-year history of PopCap, which has maintained profitability since its inception while growing to more than 240 fulltime employees in offices around the globe.
M&A Terms
Venture Investor
Meritech Capital Partners
Venture Investor
Undisclosed