Ngmoco raises $10 million

Monday, 23rd March 2009 at 2:24 pm

iPhone game developer closes second round of funding

US-based Ngmoco has secured $10 million of fresh investment led by Norwest Venture Partners, according to VentureBeat.

The company, set up last year by EA vet Neil Young to focus on iPhone development, had already raised $5 million.

Ngmoco has released seven games for the device to date, the most well-known being Rolando.  The latest round of fundraising will see Norwest's Tim Chang join Ngmoco’s board.

http://www.develop-online.net/news/31522/Ngmoco-raises-10-million