CrowdStar secures $23 Million

Social games developer CrowdStar, the creator of “It Girl” has raised $23 Million from Intel, Time Warner and other sources. Proceeds will be used to beef up their army of developers and expand into mobile. Articles and analysis from:  ” The Burlingame, CA-based company is taking funding a year after acquisition talks with Microsoft broke down. CrowdStar, a YouWeb incubation, was founded in 2008 and has never before taken in institutional dollars. “  ” As well as expanding its Facebook business, Crowdstar is looking to expand globally – China is a major goal – and tackle mobile. To-date, it’s only released one app, a Facebook-enabled companion to It Girl on iOS. “

The Washington Post (TechCrunch) ” Time Warner’s unique IP franchises and extensive media resources coupled with a social games leader like CrowdStar has the potential to truly impact the way consumers engage in social gaming. “

Video – It Girl from CrowedStar


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Filed under Crowdstar, Facebook, gaming, social games

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