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Online Game Developer Nival Network to Raise $5 Million

Files under: News, Web 2.0
Posted by: Quintura @ 04:38 [24. 11. 09]

Online game developer Nival Network is closing $5 million round from an undisclosed investor, revealed Sergey Orlovskiy, founder and CEO of Nival Group to Vedomosti newspaper. Nival Network is going to invest the funds into development of Prime World, online strategy game with social networking elements. Formed in September 2008, Nival Network develops, publishes and [...]

Russian Online Games Market To Hit $238 Million In 2009

Files under: News
Posted by: Quintura @ 06:34 [26. 10. 09]

The Russian online game market is expected to reach $238 million in 2009, up 29% from $185 million in 2008, according to data released by iKS-Consulting (via Prime-TASS BIT). The Russian mobile game market is valued at $87 million in 2009. MMOG will generate revenues of $210 million while casual games will generate $28 million. [...]