Funzio Receives $20,000,000 Series A Funding

  • Feed Type
  • 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
  • Venture Investor
    IDG Ventures SF
  • Venture Investor
    IDG Ventures Asia