CrowdStar Closes $23M First Round of Funding

CrowdStar, a Burlingame, CA-based developer of social games on Facebook and mobile, has closed its $23m first round of funding.

The round was co-led by Intel Capital, and Time Warner, with participation from China’s The9 and NVInvestments.

The company intends to use the funds to invest broadly across all areas of our business, and particularly to add about a hundred employees particularly game developers, server developers, artists, producers, business analysts and content managers ( CrowdStar currently has over 100 employees.
Intel Capital will help the company to further expand social gaming in the mobile space, Time Warner in the social games market, The9 to enter the Chinese marketplace.

Founded in 2008 by Suren Markosian and led by co-founder chairman and CEO Peter Relan, CrowdStar has released titles such as Happy Aquarium, Happy Pets and It Girl.



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