Pocket Gems Gets $5 Million

Mobile game developer Pocket Gems has landed $5 million in venture funding in a round led by Sequoia Capital and including eBay veteran Michael Dearing, Jeff Fluhr, co-founder and former CEO of StubHub, and AdMob founder Omar Hamoui. The startup, which has released a series of popular social mobile games including Tap Farm and Tap Zoo, plans to use the funding to expand its engineering team and to launching new mobile entertainment titles. Read more here.
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