Pocket Gems Receives $5,000,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5225ff8-53d4-47df-9512-974f0d0f8685&Preview=1 - Date
12/15/2010 - Company Name
Pocket Gems - Mailing Address
Undisclosed San Francisco, CA 94105 - Company Description
Pocket Gems, a pioneer of the movement of social games to mobile, developed a series of phenomenally successful free-to-play mobile games that have been downloaded more than 15 million times. - Website
http://www.pocketgems.com - Transaction Type
Venture Equity - Transaction Amount
$5,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company, which helped pioneer the movement of social games to the mobile platform in 2009, plans to use the funding to expand its engineering team and to continue to drive the evolution of mobile entertainment. - M&A Terms
- Venture Investor
Sequoia Capital - Venture Investor
Individual Investor
