Peak Games, a social gaming company focusing on emerging markets such as Turkey, MENA, Latin America and Mexico, has raised an additional $11.5m in new funding.
Backers include Earlybird Venture Capital, Hummingbird Ventures and an unnamed strategic investor.
The company intends to use the funds for market expansion, additional game studio acquisitions, hiring, and user acquisition.
Peak Games recently acquired two strategy games studios Umaykut and Erlikhan, signed a partnership with companies including RockYou, added new games including Umaykut and Happy Farm, and updated its existing games TrendKiz and Okey.
Led by CEO and founder Sidar Sahin chief strategy officer Rina Onur, the company has more than 16 million active players and ranks among the top 10 largest social gaming companies globally (see pics). It has offices and game studios in Istanbul, Ankara, Amman, Barcelona, Berlin and San Francisco.
FinSMEs
27/09/2011
