Wooga Secures $24M VC Investment

Germany’s Wooga has raised $24 million in a second-round of funding.

Germany’s Wooga has raised $24 million in a second-round of funding, The Wall Street Journal reports. The social game developer’s venture financing was led by Highland Capital Partners and Tenaya Capital. Berlin-based Wooga’s existing investors Balderton Capital and Holtzbrinck Ventures also took part in the fundraising. The company plans to use the proceeds to boost expansion, build up new games and for further development.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Forbes.