Japan's CyberAgent takes stake in smartphone game developer
CyberAgent Ventures, a Japanese venture capital firm based in Beijing, has taken 25% stake in a Hong Kong smart phone game developer Epicforce Entertainment. The investment - the size of which has not been disclosed - was made through a joint fund set up with Japan Asia Investment Company Ltd.
Established in 2008, Epicforce creates games for portable platforms, including the iPhone, NDS, PSP and smart phones. CyberAgent said in the statement that the number of smart phone users already exceeds...
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