Argentinian social gaming company MetroGames, has just raised $5 million in series A funding from game developer Playdom. According to a release, the investment will be used to expand MetroGames’ development of games and its social gaming platform. Playdom’s CEO, John Pleasants will join MetroGames’ board.
MetroGames has over 30 games on both Facebook and its own standalone social gaming site. In the release, Pleasants said that he believes that the company will become a “big player in the social gaming market.”
It’s no secret that Playdom is eying the Facebook gaming market that Zynga dominates. The social gaming company just bought Facebook game developer Offbeat Creations. In November, Playdom raised a massive $43 million at a $260 million valuation. As we reported at that time, Playdom’s presence on MySpace was strong. Their Mob Wars game has 14 million or so users there, and the company was likely pulling in $60 million or more in revenue at that time. According to our stats from November, Playdom had 28 million monthly game users with 60% of traffic is from MySpace v. 40% from Facebook.
Playdom is a game developer with a focus on social, online games. The company has a number of popular titles on the iPhone, Myspace, and Facebook.
Our goal is to become a world leader in the fast-growing field of social games by that focus on aesthetics and playability, transforming each game into a unique experience to share with friends. We have released more than 40 games and are constantly working on new ideas to keep pace with the explosive growth of Facebook and other social networks. Our team consists of more than 100 of the brightest minds in the industry and is growing every day. We take social...
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