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Wednesday, July 2, 2008

Playfish Secures $1M From Accel Partners

Social gaming site Playfish has raised $1 million in bridge financing from venture capital firm Accel Partners, according to VC news weblog VentureBeat.

Headquartered in London - with offices in Beijing and Tromso, Norway - Playfish has produced titles such as "Who Has The Biggest Brain?" and "Word Challenge," both featured in Facebook with in-game advertisements. The company boasts that its games are played 100 million times each month and have picked up over six million players.

PlayFish intends to use its new funding from Accel Partners to "make contacts while continuing to develop new games." The studio launched in October 2007 with $4 million in funding and backing from Accel Partners.

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Posted by Eric Caoili on July 2, 2008 11:17 AM |

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