Wednesday, December 16, 2009

Zynga hauls in massive $180 Million round of financing

Digital Sky Technologies (the same Russian group behind the $200 Million investment in Facebook) drops $180 Million into social game developer Zynga.

“Social games are enabling millions of people around the world to connect and play together everyday. We are excited about our relationship with DST as they are a global player dedicated to creating services that are meaningful to consumers in the long term,”

-  Mark Pincus, founder and CEO of Zynga.

” Our earlier investment in Facebook and now in Zynga underscores our premise that social networking and social entertainment will define the next generation of the web.”

– Yuri Milner, chief executive of DST

Articles and analysis from:

The New York Times

The Next Web

VentureBeat

EarthTimes

[Via http://socialgame7.wordpress.com]

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