Playdom Keeps Buying: New Addition is Hive7

Playdom, a Mountain View, Calif.-based social gaming company, has acquired Hive7, which buildsd games played on Facebook and other social networks. No financial terms were disclosed. Playdom has raised $80 million in VC funding, including $33 million earlier this week. Backers include Bessemer Venture Partners, Steamboat Ventures, New World Ventures, New Enterprise Associates, Lightspeed Venture Partners and Norwest Venture Partners. Hive7 had raised venture capital from True Ventures.

25 June 2010•2 mins read
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