Highland leads $24m round for wooga
Highland Capital Partners has led a $24m series-B funding round for social games developer wooga.
Highland was joined by Tenaya Capital and existing investors Balderton Capital and Holtzbrinck Ventures.
The investor says it believes in the enthusiastic vision of the management team and the future of social gaming. Highland says the management team have successfully executed growth plans and developed relationships with its key facebook partners.
Company
wooga, which stands for "world of gaming", develops simple, accessible games for facebook users to play with their friends. Its portfolio of games includes Monster World, Diamond Dash and Bubble Island. So far in 2011 it has doubled its user numbers from 14m to 30m monthly active users.
The firm was founded in 2009 and in the same year launched its first game Brain Buddies. Today, the Berlin-based firm employs a team of 85 staff.
People
Fergal Mullen, general partner, managed the deal for Highland Capital Partners and will join wooga's board.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








