
Earlybird invests in Peak Games
Earlybird Venture Capital has led $5m series-A investment in social gaming company Peak Games.
Earlybird believes that the concept of culturally-relevant content has proved successful and the investment will support the company by entering the fast-growing social gaming sector in emerging markets.
The raised capital will allow Peak Games to further grow the company in order to strengthen its market position.
Previously Hummingbird Ventures funded the company with $2.5m together with a number of business angels.
Company
Istanbul-based Peak Games was founded in October 2010 by Turkish entrepreneur Sidar Sahin.
The company develops social games targeting users in emerging markets such as Turkey, the Middle East and North Africa. It ranks as one of the 10 largest social gaming companies globally with more than 10 million active players. Offered games include Okey and Ikon Kiz as well as licensed games such as Komsu Ciftlik.
Currently Peak Games employs over 50 people worldwide and operates offices and game studios in Istanbul, Ankara, Amman, Barcelona and Berlin.
People
Jason Whitmire is partner at Earlybird Venture Capital.
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