RockYou Raises $10M In Debt As It Shifts To Buying And Monetizing Existing Games

By Anthony Ha

RockYou-game-network

RockYou, once known as a leading social games developer before hitting rough times and making multiple rounds of layoffs, has recently become focused on buying up existing web, social, and mobile games.
Today, the company is announcing that it has raised $10 million in debt from FastPay (a firm that makes loans to digital media companies) to continue funding those efforts. Read More

Source: Technology