For almost ten years, PopGames has shown it can come up with one hit after another in the casual downloadable games business. One of its titles, Bejeweled, has been played more than a billion times. Now it’s cashing on its fame, raising $22.5 million in a first round of funding led by Meritech Capital Partners.
The Seattle-based PopCap plans to use the capital for working capital and potential acquisitions. The move is surprising in part because the company has been profitable sinceSource: Venture Beat RSS Feed
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