Burlingame, Calif. – CrowdStar, a publisher of social games, has raised $23 million in its first round of funding, All Things D reports.
Intel Capital and Time Warner led the investment round; The9, NVInvestments and Vivi Nevo also participated.
Founded in 2008, Burlingame, Calif.-based CrowdStar counts 29 million monthly players of its games.
The company plans to double its employee headcount by the end of the year, and to expand to mobile and other social networks besides Facebook.
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http://tinyurl.com/3h9hevr (All Things D)
