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Shanghai's Ultizen Games Gets $6 Million from Taiwan

Filed in archive Venture Capital on August 7, 2008

Shanghai-based Ultizen Games has raised $6 million in Series B funding - most of it from a Taiwanese investor. According to PE Hub, PAC-Link of Taiwan led The round, and was joined by Japan Asia Investment Co. and online ad agency CyberAgent.

The game developer and outsource company got it's first round of funding ($1.5 million) from Shanghai and Boston-based Dragonvest Partners back in June last year. With those funds the company managed to grow from 70 to 350 employees and claims now to have "the largest talent base in China."

Among its projects at the moment, Ultizen is developing a game for the XBOX platform that should be released in the next few months.

Shanghai
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