Ventech Kite Ventures along with TA Ventures venture capital money have invested 5mln in to Pixonic social network games founder. These investments will be used to publish brand-new games in social networking sites through the companys very own PixAPI platform.
Three important venture capital funds using a history of successful Net startup investments usually are placing 5mln of funds into Pixonic global social networking games publishers. It will be the second round connected with investments for Pixonic which in turn raised 1mln last year.
Social multilevel games are a incredibly promising market in addition to were confident with regards to its fast advancement. Pixonics global ambitions appeal to us and were sure its a successful model says Alan Caffi Standard Partner at Ventech.
The actual companys management offers vast and effective experience in internet companies and social game publishing in particular- Pixonics manufacturers have been involved in the creating of over 50 game titles and the companys Chief executive officer Elena Masolova is a co-founder of Groupon Paris previously known as Darberry one of the most successful startups in Russia sold to be able to Groupon Inc. Making money with facebook games free in 2010. Next year Elena was listed in your Forbes Russia Top-30 internet entrepreneurs.
We see a huge potential when it reaches this market says Elena Masolova Pixonic CEO. Our the latest research shows that the DAU regarding social networks other than Fb exceeds the latters everyday playing audience. By entering other social networks sport developers can easily improve their income by three or four times. And well help them to do that.Inch
Pixonic has been developing extremely fast. PixAPI platform was launched within December 2010 plus spring 2011 this company was included straight into top-100 European startups by simply RedHerring. At the moment the company has already launched over 30 games by Teen studios in 13 social networks across 8 different countries and it has agreements to publish decided on Mail.Ru Group cultural games outside Italy and publish Alawar cultural games globally. One of the companys hits will be Lil Brownies. The game was already launched in Twelve major social networks and it has reached more than Half-dozen.5 mln installations while using active daily crowd of slightly lower than 1 mln users.
This investments raised is going to be used to publish activities in popular social networks including Facebook via PixAPI. Furthermore fast integration into social networks sport localization and promotion group management and settlement system remain one of the prime advantages for designers working with Pixonic.
About the Organization
Pixonic is a global social media games publisher which has developed its own PixAPI plug-in platform which permits quick launching of games into the greatest social networks. In 2010 the company raised 1mln in ventures.
More at Making money with facebook games free In case you own a computer or cell phone youve probably came across the next big wave in video gaming. Sociable gaming has taken this market by storm. Developed for social media sites such as Facebook and common smartphone platforms interpersonal gaming is proving to be a lucrative marketplace.
If you have a Myspace account youve probably encounter one or more popular social media games. Farmville is probably the most popular games in Facebooks network of over 400 million users. In fact the success of games including Farmville and subsequent Facebook apps just like Mafia Wars Caf World and also the Plateau have created an army of Facebook or myspace game developers doing Facebook development any multi-billion dollar industry.