Beijing Mobile Game Co Completes $10m Series-B Funding

Beijing-based mobile social networking game developer Moca World has completed second-round financing worth around $10 million, reported June 14 citing company CEO Song Xiaofei. The investment will be directed towards smartphone games development and expansion into the Japanese market, Song said.

The company received first-round funding of $2 million from Japanese venture capital firm Infinity Venture Partners (IVP) in 2010.