LPH submitted a new blog post:
iPhone game developer gets 2nd round investment of $10M
iPhone game developer gets 2nd round investment of $10M
Continue reading the Original Blog PostYou heard that right: Ngmoco, an iPhone game development company, is receiving its second round of funding at $10M. I’m not sure if that’s pre or post money. But I guess it really doesn’t matter, this is quite a bit of money.
This sounds a little overboard to me, but I get the idea. The company has good lineage–such in its founder–former Electronic Arts executive Neil Young–and Kleiner...