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In Your Face: Zynga Picks Up $29M

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Jul 23, 2008 

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Kathleen  |

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In Your Face: Zynga Picks Up $29M

ADOTAS – Facebook game maker Zynga has closed a second round of financing for $29 million. The round was led by Kleiner Perkins Caufield & Byers and Institutional Venture Partners; current investors Union Square Ventures, Avalon Ventures and Foundry Group also joined.

William “Bling” Gordon, of Kleiner Perkins, will join Zynga’s board.

Zynga has raised a total of $39 million so far. Zynga makes free (ad-supported) poker, puzzles and other games. The company has 18 million monthly visitors with about 450,000 new users a day.

Tags: facebook, finance, internet-advertising-news, revenue, social-media-marketing, venture-capital and Zynga

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