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Funzio

Funzio has been acquired by a public company.
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Business Summary

Funzio is a privately-held, venture capital backed online gaming company. The company's flagship iOS games “Crime City,” “Modern War” and “Kingdom Age” have all secured a spot on the App Store’s 25 top-grossing apps. In May 2012, Funzio was acquired by Japanese gaming giant GREE, Inc. in a $210 million all-cash deal aimed at boosting the acquirer's ability to build games for Western audiences. Founded in 2009, Funzio headquarters are located in San Francisco, California.

Jump to Funzio: Detailed Business Description for more details on Funzio products and services, financial structure, Funzio major business events, and more.

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2009
Fiscal Year End:12/31
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:San Francisco
State/Province:California
Country:United States
Website:www.funzio.com

Corporate Organization

Parent Companies:
Founders:
Andy Keidel
Anil Dharni
Ken Chiu
Ram Gudavalli

Industry Information

Industry Codes

PICS™:900312
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > Internet Services > Online Games

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Charts, Financials, and Statistics (Table Format)

Below are Funzio financials and other business metrics displayed in table format.
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Income Statement2012201120102009
RevenuesView   
Employee Figures2012201120102009
Total EmployeesView1ViewViewView
Productivity (Revenue/Employee)View   
Notes
Financial Notes:
*Funzio fiscal year end: 12/31
1As... read more.
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Charts, Financials, and Statistics (Graphs)

Below are Funzio financials and other business metrics displayed in table format.
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Funzio Total Employees:
(Displayed as graph)

Sample Graph
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Mergers & Acquisitions

PrivCo's M&A Activity table for Funzio displays the mergers and acquisitions involving Funzio, for example if Funzio acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsMay. 2012CompletedView1ViewAcquisitionView
Notes
1Ken Chiu and Anil Dharni,...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Funzio displays the venture capital rounds, angel investments, debt or other funding raised by Funzio.
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DateInvestorRoundInvestor Type
May. 2011ViewAVenture Capital
May. 2011ViewAAngel / Individual
DetailsTotal Round A View
Total of Funding Shown Above View

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Detailed Business Description: Funzio

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Funzio. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Funzio is a privately-held company that specializes in developing mobile and social gaming apps. The company's titles are typically “mid-core” games that are hardcore in terms of subject matter but can appeal to a wider audience that play only for a shorter period of time. The company’s three hit games are Crime City, Modern War, and Kingdom Age. Kingdom Age got more than 1 million users in its first five days on the App Store. The company was founded in 2009 and has its headquarters in San Francisco, California. In May 2012, it was acquired by the Japanese social gaming giant GREE, Inc.

Business Model

Funzio operates within the market of mobile gaming apps where short fad-based popularity cycles are common and it’s rare for a company to have sustained success. However, Funzio has managed this feat with its games “Crime City,” “Modern War”, and “Kingdom Age” all securing a spot in the App Store’s 25 top-grossing apps.… Continue Reading →

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Exhibits

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Supplemental Resources

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