And who said there was anything casual about casual games: Seattle-based casual games distributor Big Fish Games has received one of the biggest game-related fundings in recent history. It has raised $83.3 million in funding in a round led by Balderton Capital, General Catalyst Partners, and Salmon River Capital. The money will be used for acquisitions and international expansion.
Paul Thelen, a former *RealNetworks* manager who built its RealArcade gaming business, started BFG in 2002, and raised a $5 million round in 2005. The company has acquired two companies along the way, and expect a few more soon.
This new round was a recap, and the new investors are buying out the handful of angel investors who contributed $8.7 million to help launch the company, plus new shares that are being issued, reports Seattle Times.
By Rafat Ali