Big Fish Games Closes $83 Million Financing with Premier
Investment Firms
SEATTLE (Business Wire EON/PRWEB ) September 12, 2008 --
Big Fish Games™ (www.bigfishgames.com),
the world’s leading online destination for
games and interactive entertainment, announced today that it closed an
$83.3 million common stock financing from Balderton Capital, General
Catalyst Partners and Salmon River Capital. Big Fish Games intends to
use the new capital raised to accelerate its global expansion.
“After an extensive search, we are delighted
to announce our new partners,” said Jeremy
Lewis, president and CEO of Big Fish Games. “Together
they share our vision for building a transformative entertainment
company serving the international community of game developers and
consumers.”
“Big Fish Games has a remarkably deep and
talented management team and the company is uniquely positioned to
capitalize on the worldwide growth of online interactive entertainment,”
stated Mark Evans, general partner of Balderton Capital, who will join
the Big Fish Games Board of Directors. “We,
along with General Catalyst and Salmon River, are thrilled with the
opportunity to partner with the Big Fish Games team and contribute to
their rapid growth and market leadership.”
About Big Fish Games
Big Fish Games is the world’s leading online
destination for games and interactive entertainment. Based in Seattle,
Washington, Big Fish Games offers “A New Game
Every Day™” –
Big Fish Games works with more than 500 game developers and distributes
over 1 million games per day to consumers worldwide. Big Fish Games
Studios develops and publishes some of the industry’s
leading brands including Mystery Case Files®,
Hidden Expedition™, Azada™
and Fairway Solitaire™. For more information,
please visit: www.bigfishgames.com.
About Balderton Capital
Balderton Capital is a leading venture capital firm, committed to
helping talented entrepreneurs build great companies. Based in London,
Balderton has approximately $1.5 billion under management. Since 2000,
Balderton has invested in over 80 companies across a wide variety of
technology sectors and geographies, including Europe, the US and China.
Notable investments include Betfair, the world’s
largest online gaming exchange, Bebo (the social networking site,
recently sold to AOL for $850m) and MySQL (the open-source database
business, recently sold to Sun for $1 billion). For more information,
please visit: www.Balderton.com.
About General Catalyst Partners
General Catalyst Partners is a venture capital firm that invests in
exceptional entrepreneurs who are building the technology-based
companies that will lead innovation and transform industries. Founded in
2000, General Catalyst Partners leverages its principals’
extensive operational, business development and technological expertise
to provide portfolio companies with a catalyst for success through
business-building and partnership development assistance. General
Catalyst has approximately $1 billion under management and is
headquartered in Cambridge, Mass. For more information, please visit: www.generalcatalyst.com.
About Salmon River Capital
Salmon River Capital is a specialized venture capital and private equity
firm that backs exceptional entrepreneurs building technology enabled
businesses created to lead their industries. Based in New York, Salmon
River focuses on a range of sectors, leveraging a broad set of
capabilities and an unusually flexible capital base. Notable investments
include the Capella Education Company (NASDAQ: CPLA), PerTrac Financial
Solutions (www.pertrac.com),
Netsmart Technologies (www.ntst.com)
and Axioma Inc. (www.axiomainc.com).
For more information about Salmon River Capital, please contact Matt
Evans at 212.931.5358, or email info@salmonrivercapital.com.
Big Fish Games and its corporate affiliates develop and distribute games
through websites they operate, including www.bigfishgames.com,
www.bigfishgames.de and www.bigfishgames.fr.
See the original story at: http://eon.businesswire.com/releases/big_fish/fish_games/prweb1324694.htm
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