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Funzio wants to raise $50 million at a company value of $350 million

In what will be a bellwether for the mobile gaming industry after Zynga’s deal to buy OMGPOP,Funzio is looking to raise $50 million at a $350 million pre-money valuation, according to sources familiar with the talks. The company declined to

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Funzio releases an iOS F2P Strategy Game ‘Modern War’

Funzio has managed to make hit versions of its first game, Crime City, for both Facebook and iOS devices. That’s a rare feat for any company, especially such a small one. Now it’s trying again with a role-playing simulation called

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Mobile Games Developer raises $20 Million

Funzio, a developer of social and mobile games such as Facebook’s Crime City, said it has raised $20 million in a first round of funding. (…) Funzio is targeting the nascent market of hardcore gamers on social and mobile platforms

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