Tech Company Financing Transactions
Funzio Funding Round
On 5/10/2011, Funzio announced $20 million in Series A investment from Ridge Ventures and IDG Ventures India.
Transaction Overview
Company Name
Announced On
5/10/2011
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Ridge Ventures (Lead Investor) (Philip Sanderson)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
500 Howard Street 425
San Francisco, CA 94123
USA
San Francisco, CA 94123
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Rick Thompson
Chief Executive Officer
Kenneth Chiu
Chief Technical Officer
Ram Gudavalli
Founder
Andy Keidel
President
Anil Dharni
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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