Los Angeles Times: Korea company sprinkles $130 million on SoCal’s “Cookie Jam” maker, SGN

Using $28 million in investment, former Myspace co-founder Chris DeWolfe has put together a successful little game company in Culver City with 200 employees and 500 million downloads of several casual-gaming hits such as “Cookie Jam” and “Book of Life.” But DeWolfe wants SGN counted among the five biggest mobile gaming companies in the world. Now, he has $130 million in the bank to go on an expansion binge.

 

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