Japan-based social gaming Gree bought US-based Funzio, backed by two International Data Group corporate venturing units, for $210m on Tuesday
The International Data Group-backed games maker of Crime City reportedly had been eyeing a $50m funding round at $350m valuation, according to news provider TechCrunch last month.
IDG Ventures (San Francisco) and IDG Capital Partners (China), two corporate venturing units of IDG, co-led Funzio’s $20m series A round last year. Phil Sanderson, managing director of IDG Ventures, joined Funzio’s board.
Funzio’s games include Crime City (pictured) and it was founded in 2010.