Mobile-Game Studio SGN Lands $130 Million from Korea’s Netmarble

SGN, a fast-growing developer of freemium mobile games like “Cookie Jam,” has banked $130 million from Netmarble Games, the top mobile-games publisher in South Korea. The deal makes Netmarble the largest shareholder in SGN, which previously raised $28 million from Austin Ventures and the startup’s founders. Chris DeWolfe, co-founder and CEO of SGN, declined to disclose the company’s current valuation... Read more »

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