Brazilian Social Gaming Company Vostu Raises $30 Million
Vostu is a Brazilian social gaming development company that is popular for their Orkut games. Vostu has raised $30 million in funding from Accel Partners and Tiger Global Management.
Both Tiger and Accel have a track record for investing in successful social gaming companies. Accel invested in Playfish, which was acquired by Electronic Arts last year. And Tiger invested in Zynga early on.
Vostu’s games have been played by 20 million active users. Vostu’s Orkut games include a farm-related game called MiniFazenda and a pet game called PetMania. Vostu plans to used the funding for expansion in Brazil.@amitchowdhry or on Google+ at +AmitChowdhry