12/18/2009 (5:15 am)
Zynga takes $180 million investment
Social gaming leader Zynga Inc. has taken $180 million in capital from various investors, with the largest portion coming from the Russian firm Digital Sky Technologies, which this year also made a $300 million investment in Facebook Inc.
Others in the round included new investors Andreessen Horowitz and Tiger Global and existing investor Institutional Ventures Partners. Previous investors include Kleiner Perkins Caulfield & Byers, Union Square Ventures, Foundry Group and Avalon Ventures.
A portion of the new capital will be used to fuel Zynga’s growth and the rest will provide liquidity for employees and investors, Zynga said in a press release saving account payday loan.
Founded in 2007, San Francisco-based Zynga has grown at a spectacular rate with games including FarmVille, Café World, Zynga Poker, Mafia Wars, YoVille, FishVille and the new PetVille, currently the fastest growing social game online.
Zynga’s games are available on social networks such as Facebook, MySpace, Bebo, Friendster and Tagged, as well as on Yahoo and the iPhone.
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