– Ngmoco, a developer and publisher of games for Apple’s iPhone and iPod touch,
announced on Tuesday that it has raised nearly $25 million in its third round
of funding, led by Institutional Venture Partners, and acquired mobile game
Financial terms of the acquisition deal were not disclosed.
investors in the round included previous backers Kleiner Perkins Caufield &
Byers, Norwest Venture Partners and Maples Investments.
The company plans to
use the new funding to grow its team and product portfolio.
Founded in 2008, San
Francisco-based Ngmoco has produced titles including "Eliminate Pro,"
"Touch Pets Dogs" and "Epic Wars," that have to date
generated more than 12.5 million downloads.
New York-based Freeverse, formed
more than 15 years ago, has developed App Store titles including
"Skee-Ball," "Moto Chaser" and "NBA Hotshot."