Tuesday, November 17, 2009
Berlin-Based Wooga Secures $7.5M in Funding
Berlin-based social games developer Wooga today said it has secured an additional $7.5M in its latest round of funding. The round was led by Balderton Capital, one of Europe’s largest venture cap firms. Holtzbrinck Ventures, which provided funding earlier to Wooga, also participated in the round. This latest investment will allow Wooga to hire new talent, continue to develop games and grow the company further, the company said in a statement. Roberto Bonanzinga, a partner at Balderton, will join the board of Wooga. Founded in January 2009, Wooga's first game, Brain Buddies, was released on Facebook in July 2009; it is currently one of the top 20 games on the Facebook platform, with 6 million monthly users.
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