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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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