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.

Latest Video

View all videos »

Search »

The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald