Big Fish secures $83m VC cash
Friday, 12th September 2008 at 2:52 pm
Money to be spent on casual firm's global expansion and game development
Big Fish is planning a rapid global expansion off the back of a massive $83.3m investment from leading venture capitalist firms.
Balderton Capital, General Catalyst Partners and Salmon River Capital are the three firms stepping up to pump big money into the firm, famous for its 'a game a day' release strategy that sees a new casual PC title released via the web every day of the week.
Seattle, US-based Big Fish's most popular games include the hugely popular Mystery Case Files - and now the company plans to forge ahead with getting its brands known outside the US. It has just opened a new Japanese version of its portal and leased a new development/engineering facility in Vancouver, Canada.
The investment is said to be the US state of Washington's biggest VC payout this year.
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