Zynga Completes $29 Million Round Led by Kleiner Perkins and IVP

Our portfolio company Zynga announced today that they have closed a $29 Million Round of Financing Led by Kleiner Perkins and IVP.   We participated in the financing alongside of our co-investors Union Square Ventures and Avalon Ventures.  Bing Gordon, a co-founder and former Chief Creative Officer of Electronic Arts and now a partner at Kleiner Perkins has joined Zynga’s board.

Brad wrote about the financing and Zynga’s progress on his blog in a post titled Doubling Down.  There were numerous other articles and blog posts about the financing today, including extensive ones in the Wall Street Journal and TechCrunch.