Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 19, 2014
arrowPress Releases
September 19, 2014
PR Newswire
View All

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Turkey's Peak Games Raises $11.5M For Emerging Markets
Turkey's Peak Games Raises $11.5M For Emerging Markets
September 27, 2011 | By Kyle Orland

September 27, 2011 | By Kyle Orland
More: Social/Online, Business/Marketing

Turkish social game company Peak Games announced it has raised $11.5 million in additional funding for its efforts to bring social games to emerging markets including the Middle East, North Africa, and South America.

The new funding, from Earlybird Venture Capital and Hummingbird Ventures, contributes to total funding of $19 million for Peak, which boasts 16 million monthly active users focused primarily in the Middle Eastern and North African (MENA) markets.

Peak's strategy was initially built on Facebook titles based on popular Turkish and Arabic card and board games, including top performer Okey, but the company has since expanded to titles like tween girl-focused TrendKidz and strategy title Umaykut.

Peak recently acquired two Turkish strategy game developers and has partnered with outside developers like RockYou and MagentJoy to publish localized versions of their games in Turkey.

Turkey's 30 million Facebook users make it the fourth largest Facebook market, according to Peak, with 87 percent of internet-connected Turks using the service. The 4 million people that play Peak's games daily make it the world's sixth biggest social game maker, right behind LolApps at 4.1 million.

"Similar to most emerging markets, the patterns we see in MENA gaming are exceptionally exciting," said Peak Games chief strategy officer Rina Onur, in a statement.

"Given our current portfolio of games and those in the pipeline that incorporate local languages, we believe we will be able to connect with users in MENA and Latin America by offering games that speak to their needs and passions."

Related Jobs

Vicarious Visions / Activision
Vicarious Visions / Activision — Albany, New York, United States

Software Engineer-Vicarious Visions
Mixamo — San Francisco, California, United States

Animation Outsource Manager
Phosphor Games Studio
Phosphor Games Studio — Chicago, Illinois, United States

Game Producer
Trion Worlds
Trion Worlds — Redwood City, California, United States

Senior Gameplay Engineer


Derol McCarthy
profile image
I'm really interested in how over seas game developers are going to effect Facebook, I have been watching Karma Kingdom on Facebook.