Newly Merged 6waves Lolapps Adds Funding
Social games company 6waves Lolapps, has raised an undisclosed amount of funding from Nexon Co. and Insight Venture Partners. The funding is aimed at expanding the company’s international presence and game development operations. The company was formed recently by the merger of Lolapps, the San Francisco social games maker of Ravenwood Fair, and Hong Kong based social gamer 6waves Inc. Prior to the merger, LoLapps has raised $4 million in venture backing from Polaris Venture Partners and Ron Conway. 6waves raised $17.5 million with Insight Venture Partners as a backer.
5 August 2011•4 mins read
