Peak Games Raises $11.5 Million for Social Games in Emerging Markets

Istanbul’s Peak Games has raised $11.5 million more in capital to continue to build social games targeting emerging markets, such as Turkey, the Middle East, South America and Mexico. Investors in the round include Earlybird Venture Capital and Hummingbird Ventures. The capital will be used to enter new markets, for game studio acquisitions — including the recent purchases of Umaykut and Erlikhan — and to hire more employees.


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— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”