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: GamePolitics.comReport: Zynga Valued at $7 - 10 Billion
By james_fudge
Stories from All Things Digital and the New York Times report that Farmville and CityVille maker Zynga managed to raise $500 million in investment based on a valuation of $7 - $10 billion dollars. The Wall Street Journal contradicts that $500 Million, reporting that the company raised around $250 million.
All Things Digital claims that "Zynga has already raised more than $500 million from a panoply of Silicon Valley VCs, such as Kleiner, Andreessen Horowitz, as well as Russia's DST Global."
The New York Times report goes on to say that the investment may "pave the way for an initial public offering next year." Read More
Full post as published by GamePolitics.com on February 18, 2011 (boomark / email).
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