Peter Kafka

Recent Posts by Peter Kafka

OMGPOP Wins a $10 Million Round for Social Games From Rho, Softbank

Here’s that serious investment money for casual/social games company OMGPOP that I told you about in November: The company has raised $10.1 million in a funding round led by Rho Ventures and Softbank; earlier investors Spark Capital and Betaworks have re-upped as well.

The company, which has made a big push into Facebook games in the last six months, says it will use the new money to develop more games for the social network, as well as for Apple’s iPhone and Google’s Android platform.

The new money brings OMGPOP’s total funding to $16.6 million over its four-year history.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work