Social Game Developer Poppin Games Japan Fundraises 100M Yen / Venture Now

Popping Games Japan announced allocation of new shares to raise 100 million yen. The capital will be used for hiring in its headquarter, Tsukuba as well as branch office in Kyoto. ...

Poppin Games Japan was founded in July 2012 to provide smartphone gaming contents with its own brand and for partners. It runs four games for iPhone and plans to release several new titles for iPhone as well as Android. ...

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Venture Now 3/21/2013 [jp]

memo

• We are hearing more exit news than fundraising news of social game developers recently. Since top ranked apps are getting occupied by large developers such as GungHo or Colopl in Japan, it seems becoming difficult for startups to fight against them in the filed. However, there may be still quite large room for new entrants for smartphone games, particularly in emerging markets like South East Asia.
• http://poppin-games-japan.com/