Thursday, November 12, 2009

wooga Raises 5mm euro round - Balderton Capital. Social Gaming, the next bubble?


Wooga creates social games for networks like Facebook. Founded in January 2009, wooga GmbH is based in Berlin, Germany
Wooga, a Berlin-based social gaming company, has raised €5 million in new VC funding. Balderton Capital led the round, and was joined by return backer Holtzbrinck Ventures.
Berlin-based social games developer wooga today announced that it has secured a further EUR5 million ($7.5m) in its latest round of funding led by Balderton Capital, one of Europe’s largest venture capital firms. Holtzbrinck Ventures, which provided funding earlier this year, has also participated in this round.

This latest investment will allow wooga to hire new talent, continue to develop top quality games and grow the company further. Roberto Bonanzinga, Partner at Balderton Capital, will also join the board of wooga.

Founded in January 2009, wooga (a contraction of “world of gaming”) develops games for social networks. Its first game, Brain Buddies, was released on Facebook in July 2009 and is currently one of the top 20 games on the Facebook platform with 6 million monthly users.

Roberto Bonanzinga, Partner at Balderton Capital, said: “wooga is a great early stage company, the kind of company Balderton loves to invest in. wooga has a dynamic and experienced management team, led by founder Jens Begemann, and it is based in Berlin, one of Europe’s most creative cities. Social gaming on sites such as Facebook is a key growth sector right now. We have full confidence in Jens’ ability to build a world-class team and look forward to working with wooga to expand its market further and build a global business.”

Dr. Lars Langusch, Partner at Holtzbrinck Ventures, said: “Since our initial investment in wooga a few months ago, the company has established itself as one of the top games developers for the Facebook platform. We are confident that wooga will continue to exceed our expectations.”

Jens Begemann, founder and CEO of wooga, said: “We are proud to have Balderton, one of the world’s leading investors in social media and gaming, as our new partner. We also welcome further funding from Holtzbrinck, which provides a vote of confidence in wooga and its future growth prospects. wooga focuses on offering a quality user experience that provides a safe, rewarding gaming experience. By providing true value in social gaming, we believe wooga can achieve sustained long-term growth. This investment will allow us to hire more talented people in the coming weeks and months.”

32 comments:

Erin said...

Holy snikes

Dissertation Writing Help said...

I love your blog so much, and there are just some differences with others'. Hope there will be more wonderful things in your blog. Happy every day!

website maintenance said...

Glad to found this topic. I have been searching for it. Now I am going to read it out.

Cheap Seo Service said...

I also admire the valuable information you offer in your articles. I will bookmark your blog and have my children check up here often.

Unknown said...

Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic.
ptc

watch simpsons said...

It's a great pleasure for me to read this awesome ideas you have shared to us. I really appreciate this site
http://zsimpsons.com/

Dissertation India said...

Having a co-founder doesn’t reduce the effort by half, it almost reduces by 1/10th’’ was the perspective of a friend who was the single founder of a successful startup. The figure which he arrived at may not be the exact

dissertation india

literature review said...

Very informative and helpful post. You have good command on the topic and have explained in a very nice way. Thanks for sharing.

literature review

questionnaires interviews said...

Very informative and helpful post. You have good command on the topic and have explained in a very nice way. Thanks for sharing.



questionnaires interviews

dissertations india said...

Very informative and helpful post. You have good command on the topic and have explained in a very nice way. Thanks for sharing.




dissertations india

finance homework help said...

Wooga creates social games for networks like Facebook. Founded in January 2009, wooga GmbH is based in Berlin, Germany


finance homework help

finance homework help said...

Wooga, a Berlin-based social gaming company, has raised €5 million in new VC funding. Balderton Capital led the round, and was joined by return backer Holtzbrinck Ventures.
Berlin-based social games developer wooga today announced that it has secured a further EUR5 million ($7.5m) in its latest round of funding led by Balderton Capital, one of Europe’s largest venture capital firms. Holtzbrinck Ventures, which provided funding earlier this year, has also participated in this round.



finance homework help

finance assignment help said...

We also welcome further funding from Holtzbrinck, which provides a vote of confidence in wooga and its future growth prospects. wooga focuses on offering a quality user experience that provides a safe, rewarding gaming experience

Finance Assignment Help

Anonymous said...

I like the helpful information you provide in your articles.
I will bookmark your weblog and test once more right here frequently.
I am quite sure I'll learn plenty of new stuff proper here! Good luck for the next!

Also visit my weblog air freight Gauteng

Anonymous said...

What's up to all, how is everything, I think every one is getting more from this web site, and your views are fastidious designed for new viewers.

Feel free to visit my page :: car repairs Gauteng

Anonymous said...

hi!,I like your writing so so much! percentage
we keep in touch more approximately your article
on AOL? I require an expert in this house to unravel
my problem. May be that's you! Taking a look forward to peer you.

My site ... kids party theme Johannesburg

Anonymous said...

Aw, this was a really nice post. Finding
the time and actual effort to make a top notch article… but what can I say… I put things off a lot and
never manage to get anything done.

Also visit my webpage ... restaurant dining chairs Gauteng

Anonymous said...

This piece of writing is genuinely a nice one it assists new web users,
who are wishing for blogging.

my homepage; study centre Alberton

Anonymous said...

What's up Dear, are you truly visiting this site on a regular basis, if so then you will without doubt take pleasant know-how.

Stop by my blog post :: airport transfer Gauteng

Anonymous said...

I don't know if it's just me or if everyone else experiencing issues with your
blog. It appears as though some of the text within your
posts are running off the screen. Can somebody else please
comment and let me know if this is happening to them too?

This may be a issue with my internet browser because I've had this happen before. Many thanks

My web site - 3D modelling visualization Pretoria

Anonymous said...

I will right away take hold of your rss feed as
I can not to find your email subscription link or e-newsletter service.

Do you've any? Kindly let me understand in order that I may subscribe. Thanks.

Here is my page: architectural drafting Johannesburg

Anonymous said...

Currently it looks like Drupal is the preferred blogging platform out there right now.
(from what I've read) Is that what you're using on your blog?


My blog :: life coach Gauteng

Anonymous said...

Hey there! Do you know if they make any plugins to
assist with SEO? I'm trying to get my blog to rank for some targeted keywords but I'm not seeing very good results.
If you know of any please share. Many thanks!



My web-site ... wood chipper hire Nelspruit

Anonymous said...

Excellent post. I used to be checking constantly this blog and
I'm impressed! Very helpful info particularly the remaining phase :) I deal with such information a lot. I used to be looking for this particular info for a very lengthy time. Thank you and good luck.

My blog post - furniture removals Gauteng

Anonymous said...

Hmm is anyone else experiencing problems with the images on this blog
loading? I'm trying to determine if its a problem on my end or if it's the blog.
Any feed-back would be greatly appreciated.



My web site :: architectural services Gauteng

Anonymous said...

Have you ever considered creating an e-book or guest authoring on other sites?
I have a blog based upon on the same information you discuss and
would love to have you share some stories/information.

I know my readers would enjoy your work. If you are even remotely interested, feel free to shoot me an
e mail.

Review my site - fridge repairs Gauteng

Anonymous said...

Howdy! Quick question that's entirely off topic. Do you know how to make your site mobile friendly? My site looks weird when viewing from my iphone 4. I'm
trying to find a theme or plugin that might
be able to resolve this problem. If you have any suggestions, please share.
Many thanks!

My web page - rugby jerseys South Africa

Anonymous said...

It's hard to come by educated people on this topic, but you seem like you know what you're talking about!

Thanks

Here is my homepage; industrial plumbing Gauteng

Anonymous said...

Very good post. I will be dealing with a few of these issues as well.

.

my webpage ... garden upgrades Bedfordview

Anonymous said...

I like the helpful info you provide in your articles.
I will bookmark your weblog and check again here frequently.
I am quite certain I'll learn a lot of new stuff right here! Good luck for the next!

Here is my homepage biometric fingerprints Gauteng biometric fingerprints Gauteng

Anonymous said...

With havin so much content and articles do you ever run into any issues of plagorism or copyright infringement?
My blog has a lot of exclusive content I've either created myself or outsourced but it seems a lot of it is popping it up all over the web without my authorization. Do you know any methods to help reduce content from being stolen? I'd definitely appreciate it.



My page: radio controlled guards Pietermaritzburg

website designing company said...

this article is very helpful & informative with very useful knowledge i have gotten from here thanks for it.