Facebook Game Developer Playfish Closes $17M Series B Round
Nick | Oct 28, 2008 | Comments 0
Playfish, the Facebook game developer that has four apps in the top 10 gaming apps on the site, closed a $17 million Series B round led by Accel Partners and Index Ventures.
Sounds a bit bubble-like, but Playfish is one of a few app developers on Facebook that has actually seen traffic increase since the site launched its redesign, and it has two revenue generating engines – it’s one of
CEO Kristian Segerstrale said that the funding environment is difficult right now, but because Playfish has so much growth opportunity (they just launched on MySpace a few weeks ago), they were an attractive proposition for VCs. The company says it will use the money to explore other platforms to develop for.
|Filed Under: Social Media
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