iPhone game maker ngmoco scores big via Google Ventures
Mobile gaming developer and publisher ngmoco is the recipient of a new round of funding led by digital services giant Google's Google Ventures arm. Citing multiple sources, TechCrunch reports the investment totals somewhere between $3 million and $5 million, bringing ngmoco's total valuation well above the $100 million mark. Earlier in 2010, ngmoco announced the completion of a $25 million Series C round led by Institutional Venture Partners--since the beginning of 2010, the startup has also acquired two rival iPhone gaming developers, Stumptown Game Machine and Freeverse.
ngmoco is one of the App Store's most prolific and successful iPhone and iPad game makers. Titles include Rolando, WordFu and We Farm.
For more on the ngmoco investment:
- read this TechCrunch article