Monday, November 3, 2008
Video of RockYou Founders Talking About the New $17 Million Funding for Asian Expansion
Widget maker RockYou announced today that it has nabbed a $17 million investment from two Asian firms, SoftBank Group and SK Telecom Ventures.
The investment will be added to $35 million from the Redwood City, Calif.-based start-up’s C round in June. Overall, RockYou has raised a total of $67 million and–before the current econalypse–had previously reported a $400 million valuation.
In a video with BoomTown, the company’s co-founders, CEO Lance Tokuda and CTO Jia Shen, said the new funding would be used to expand into the Asia-Pacific market, add offices and staff and make acquisitions.
