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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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