Greylock Partners backs Social Point

This latest capital injection takes total funds raised by the firm to €11m.

Previous funding
In July 2012, Idinvest led a €6m round for Social Point, alongside BBVA and Nauta Capital. A year earlier, Nauta injected €2.4m into the firm in a series-A funding round.

Company
Founded in 2008 and based in Barcelona, Social Point produces social games that are monetised through Facebook. The company is reported to have reached a turnover in excess of €16m in 2012, up from €3.3m the year before.

People
Reid Hoffman is a partner at Greylock.

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• Topics
• Southern Europe
• Technology
• Expansion
• Spain
• Nauta Capital
• Greylock Partners