Zynga Raises An Ungodly $180 Million, Gets The Buy-In From Facebook-Backer DST

Original Source: PaidContent.org, Dec 16 2009
Author: Tameka Kee

PAIDCONTENT.ORG — It’s not the IPO that everyone’s been hinting about, but social gamer Zynga has picked up a massive cash injection -- $180 million in funding -- in a round led by Russian investment group Digital Sky Technologies (DST). Yes, the same investment group that pumped $200 million into Facebook. Yes, the group that is also reportedly eying Aol’s ICQ. DST is clearly banking on social media—be it social games, networks or even just chat platforms—and expressing confidence in U.S.-based companies, in particular, for the long haul...

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