Social Gaming Network raises $2 million
Social Gaming Network has raised $2 million in its first tranche in what it expects to be a much larger second round of funding from Google CEO Eric Schmidt's investment firm Tomorrow Ventures and Xing founder Lars Hinrichs, reports TechCrunch.com.
Facebook is getting a US$200 million investment from a Russian Internet investor that values the social networking company at US$10 billion even though it has yet to turn a profit.