iPhone game developer closes second round of funding

Ngmoco raises $10 million

US-based Ngmoco has secured $10 million of fresh investment led by Norwest Venture Partners, according to VentureBeat.

The company, set up last year by EA vet Neil Young to focus on iPhone development, had already raised $5 million.

Ngmoco has released seven games for the device to date, the most well-known being Rolando.

The latest round of fundraising will see Norwest’s Tim Chang join Ngmoco’s board.

About MCV Staff

Check Also

asd 2 [Guest post] Beyond the Disc: Why the Format Debate is Really About Consumer Choice

[Guest post] Beyond the Disc: Why the Format Debate is Really About Consumer Choice

Gaming is becoming increasingly digital. But that doesn’t mean consumer choice is disappearing with the disc. If anything, as digital becomes the default, players are becoming more demanding about how, where and on what terms they buy.