Game startups raised $1 billion in 2010
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December 25th, 2010
The venture capital market is a tough business, with so many startup companies fighting over investment and funds, and game companies are among those. But according to VentureBeat, video game startup raised an impressive $1.05 billion in 2010, a new record.
A big chunk of that cash went to already established companies, like Zynga, which secured $150 million from SoftBank and $200 million from Google. Other funds include ZeniMax, owners of Bethesda and the Fallout franchise, who raised $150 million in funding earlier this year.
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