Mobile social game developer FunPlus secured $74 million of Series B financing from Orchid Asia, SteamBoat Ventures, and existing investor GSR Ventures, raising the company’s total capital received to more than $87 million together with the $13 million Series A funding gained in 2012.
The fund raised this round will be injected in marketing and recruitment of excellent game designers and developers, said Andy Zhong, CEO and co-founder of the company.
FunPlus eyes global market since the very beginning of its establishment in 2010. Although the company is yet to be a familiar name to Chinese players, it has earned its credit as the largest Asia social gaming vendor in terms of daily active users on Facebook platform.
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