Berlin – European online social games developer wooga announced on Tuesday that it has raised $24 million in its second round of venture capital financing, led by Highland Capital Partners.
New investor Tenaya Capital, and previous backers Balderton Capital and HV Holtzbrinck Ventures also participated.
Berlin-based wooga says its games are currently attracting 30 million players a month.
The company launched its first free-to-play brain training game, “Brain Buddies,” in 2009.
“We have a ten-year vision to build one of the largest gaming companies in the world by 2020,” said wooga founder and CEO Jens Begemann.
“For 40 years, computer games have been aimed primarily at young males — roughly 10% of the population. But we believe that playing is a core human need, and therefore we design games for 100% of the population.”
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