Posted from ReadWriteWeb 35 days ago
PractiProj NewsBeet : Tech news
Casual gaming on the web must look like quite an attractive market to VCs right now. Jeff Bezos already invested in two casual gaming companies this year, Kongregate and SGN, after SGN had already raised a $15 million Series A round in January. Now, Mark Pincus' Zynga, another online gaming site, announced that it raised $29 million in a Series B round led by Kleiner Perkins. Zynga also announced the acquisition of YooVille, a virtual world application for Facebook.
Zynga had raised a $10 million Series A round in January, led by Union Square Ventures.
Zynga is quite similar to SGN, in that ...

