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Social, Mobile Publisher SGN Raises $2M In Series B Round
by Eric Caoili [PC, Console/PC]
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June 21, 2010
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Social Gaming Network (SGN), which develops and publishes games primarily for iOS devices like iPhone and iPad but also releases titles on Facebook and MySpace, has raised $2 million from Tomorrow Ventures and Xing founder Lars Hinrichs.
This new funding is the first tranche in a larger second round of funding for SGN. The company previously raised $15 million in a Series A round of funding from Greylock Ventures, Founders Fund, Columbia Partners, and Novak Biddle Venture Partners back in May 2008.
SGN's catalog of social/multiplayer mobile games include Skies of Glory, Mafia, Agency Wars, Vampires vs. Werewolves, and many others. Since the company was founded in March 2008, its games have received more than 18 million unique downloads on the iPhone and iPod touch.
While it's focus has primarily been on iOS devices (with a few titles released on Facebook/MySpace like Agency Wars and Warbook), founder and executive chairman Shervin Pishevar says SGN plans to start releasing titles for Android smartphones, according to a report from TechCrunch.
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