Tuesday, May 31, 2011

Scoop: European Social Games Phenomenon wooga Raises $24 Million

Exclusive - Wooga doesn't get even half the attention that's been given to its closest rivals in the social games space, namely Zynga and EA. But the European games developer is taking off big time, and it's no surprise to see venture capitalists jump on the opportunity to invest before everyone starts taking notice. The Berlin, Germany-based startup has raised a huge Series B round of financing, TechCrunch has learned - $24 million, to be more specific, bringing its total capital raised to a healthy $31.5 million. The round was led by Highland Capital Partners, with Tenaya Capital and previous backers Balderton Capital and HV Holtzbrinck Ventures participating.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/EneyqkWw8ZE/

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