AAA Ngmoco founders form N3twork

Ngmoco founders form N3twork

N3twork, a US-based mobile content organisation founded by the team behind gaming developer Ngmoco, has raised $12m in its seed round from a consortium including Google Ventures, the corporate venturing unit of the eponymous search engine provider. 

Venture capital firm KleinerPerkins Caufield & Byers led N3twork’s round, which also included VC peer Floodgate.

Neil Young and Bob Stevenson, founders of N3twork, previously sold Ngmoco (also backed by Google Ventures) to Japan-based peer Dena for $400m in 2010.

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