Social games developer Social Point raises €2.4 million
As evidenced by the impending $1 billion acquisition of PopCap, the social gaming market is heating up, also in Europe (just look at EA’s Playfish, Wooga, Kobojo and many other fast-growing game developers).
We’ve just learned Nauta Capital is doing its bit to keep the heat up by investing €2.4 million (roughly $3.4 million) in Spanish social games studio Social Point.
Social Point was founded in Barcelona in 2008 and is the company behind the successful Facebook game Social Empires (and roughly 25 other social games).
The additional capital will be used to market the existing games more effectively, and to launch 2 or 3 new games per year, Social Point says.
Despite this being the first venture capital round for the startup, Social Point currently ranks among the top 25 game developers on the Facebook platform.
The €2.4 million round marks the eight investment out of Nauta’s new €105 million fund, Nauta III (other investments include Yuilop, Flirtomatic and Groupalia).
It also marks the venture firm’s inaugural backing of a gaming company.