Angry Birds Maker Rovio Raises $42 Million
Rovio, the company behind Angry Birds, has raised $42 million in Series A funding from Accel Partners and Atomico. Atomico co-founder Niklas Zennström will be joining the board of directors at Rovio. Angry Birds was one of the most download games on the Apple App Store and on Google Android. After that investors were begging to put money in their company.
Rovio plans on using the funding to increase their international reach, media production, partnerships, and merchandising. Rovio recently hit over 2 million Angry Birds plush toy sales recently as well. Rovio has about 50 employees based in their Espoo, Finland offices.
[GigaOM]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry