Shanghai's 5 Minutes Secures $3.5 Million For Happy Farm
Shanghai-based social game developer and operator 5 Minutes closed a $3.5 million Series A round in funding led by VC firm Draper Fisher Jurvetson last week, according to reports from Chinese media translated by Inside Social Games.
The company's primary title is Happy Farm, a virtual farming simulator similar to Zynga's immensely popular FarmVille and SlashKey Farm Town. Though an English version of Happy Farm is available to play on Facebook, the game is also featured in Chinese social networks like Xiaonei and Kaixin.
5 Minutes's funding follows another recent successful round from a Chinese social games start-up -- Rekoo in Beijing picked up $1.5 million in funding from Japan's Infinity Venture Partners last week. The developer's Animal Paradise claims around 2.3 million monthly active users on Facebook, while Sunshine Ranch has 4.4 million, according to metrics from AppData.
As for 5 Minutes's Happy Farm, the game currently claims 3.2 monthly active users and 1.1 million daily players on Facbeook. You can see a couple screenshots from the farming simulator after the break.
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