October 4th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »
Social iPhone game developer Booyah has raised $ 5 Million in their second funding. This follows on the first funding round in May where the company raised their first $ 4.5 million from Kleiner Perkins Caufield & Byers.
Until now, the company hasn't been that active as it only released the Booyah Society app that hasn't been as successful as many would have expected (though it still has potential to grow). This makes the new investment a surprise for many. Exact use of the fresh funding is unclear at the moment but the company is rumoured to be working on an app that will connect virtual and real social networks.