PopCap secures investment of $22.5 million

China
October 11, 2009 11:50pm CST
PopCap Games has secured USD 22.5 million in its first ever round of funding. The stakeholders are led by Meritech Capital Partners, which was joined in the financing round by technology veterans Larry Bowman and John McCaw. The investment marks the first time in PopCap's ten year history that it has raised capital for operational purposes, and the company's CEO said this investment would be used as working capital and for potential acquistions. More games and info:http://www.bobplay.net
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