Techcrunch said that the venture capital arm of Google has made an investment in ngmoco. That’s startling in part because ngmoco has been joined at the hip with Apple.
ngmoco was started in the spring of 2008 by Neil Young, a former executive at Electronic Arts. The company raised money from Kleiner Perkins’ iFund to make games for Apple’s new phone platform. During the past couple of years, ngmoco became successful with many titles in the AppStore. To date, it has not made any games for Google’s Android mobile operating system. For its loyalty, ngmoco has been rewarded. The company’s games are frequently featured in the AppStore by Apple, allowing ngmoco to get a lot more attention for its games.
Techcrunch said the funding is in the $3 million to $5 million funding range. The valuation was well above $100 million and it comes on top of a $25 million third round of funding in February. Techcrunch also said that ngmoco is profitable.
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