Social Gaming Company Earns Big Capital Raise

While many aspects of the world have been changed due to the increased use of social media platforms and online social networks, one area that has changed more than most is online gaming. Today, many of the most popular online gaming platforms are social gaming platforms in which players can play with and against players from all over the world. Due to the popularity, providers of social gaming services have also been very popular with private equity investors. This week, another top gaming company earned a big capital raise (https://www.vccircle.com/gaming-portal-ace2three-com-raises-73-7-mn-from-clairvest-group-others/).

 

The popular online gaming platform, Ace2three.com, recently raised nearly $75 million from a variety of different venture capital and private equity funds. Ace2three.com is currently one of the leading online gaming platforms in India, which continues to be one of the strong emerging markets in the world. The company states that it currently has over 8 million users all over the country and is continuing to see significant growth.

 

Ace2three.com is well known for providing a variety of online card games. Some of the most popular include rummy, golf, and some types of poker. The company is just the latest social gaming platform that has raised a lot of money or seen a big valuation. Many prominent online companies, such as Facebook and Google, have invested heavily or purchased social gaming platforms. There are also several types of platforms that allow aspiring gamers and game creators to develop their own games for use on the platforms, which has allowed of a new diverse gaming set.