As the Californian mobile games group raises a further $25 million
Ngmoco aquires iPhone studio Freeverse
iPhone game publisher Ngmoco has bought developer Freeverse and announced that it has raised a further $25 million in funding bringing its total – after three rounds – to over $40 million.
The move is being seen as a further attempt by San Francisco based Ngmoco to create a leadership role in iPhone publishing, with an eye to the coming iPad market.
Full details can be found on Casualgaming.biz
The evolution of video games technology has continually foreshadowed evolution of mass media and we’re now on the cusp of another leap forward - except this time change will be driven by software and creators, rather than hardware…