Jeff Bezos Invests In Social Gaming Network (SGN)
A couple months ago, Social Gaming Network raised $15 million in Series A from investors such as Greylock, Columbia Capital, Founders Fund, and Novak Biddle Venture Partners. Now the company has another solid investor backing them up, founder of Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos. Bezos invested through his firm, Bezos Expeditions.
“We are proud to be announcing the Bezos Expeditions investment,” stated Shervin Pishevar, the CEO of SGN. “Mr. Bezos’ knowledge and experience lends itself to the growth and expansion of the social gaming ecosystem. His participation in our funding will allow us to continue capturing new demographics in gaming by distributing the highest quality games available on the social web.”
Social Gaming Network specifically designs games and applications for mainstream social networks. Some of the games that SGN has developed includes Warbook, Jetman, Street Race, Text Twirl, Free Gifts, FightClub, Nicknames, and Superlatives.
“SGN has the expertise to bring gaming into entirely new markets.” stated Steve Campbell, the CIO of Bezos Expeditions. “There’s an obvious benefit to gaining such deep traction in the social networking area.”