Social game firm Zynga raises $180M from Russian investor DST

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-292
 
Business:  Zynga
Web:  http://www.zynga.com
Location:  USA, San Francisco, CA
Region:  North America
Business description:  Social gaming company
Category: Online Games
Contact 1:  Mark Pincus, Founder and CEO
Contact 2:  Andrew Trader, co-founder
 
Investors:  Previous investor Digital Sky Technologies (DST) is leading a group of investors. DST is a Russian investment firm.
 
Amount raised:  $180,000,000  
 
Details:  D.S.T. will invest directly in Zynga while also buying stock from shareholders, including the company’s employees. The move is aimed at giving employees and shareholders of the prominent start-up a way to cash out before an initial public offering. Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.

Link:  New York Times
  
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