Just-Merged 6waves Lolapps Secures $35 Million Funding

Aug. 1, 2011
Just-Merged 6waves Lolapps Secures $35 Million Funding

Following a merger just weeks ago, the newly-combined 6waves Lolapps has secured an additional $35 million in funding, according to a filing with the Security and Exchange Commission. The funding was lead by Insight Venture Partners, which also lead a round of $17.5 million funding to 6waves in January. The two companies merged last month, with 6waves providing Lolapps improved distribution and Lolapps providing 6waves its Filso engine and a showcase title, Ravenwood Fair. Ravenwood Fair claimed over 10 million monthly acive users back in February. It currently claims just shy of 5 million, according to tracking site AppData.

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