Peak Games, the flourishing emerging markets social gaming company, today announced a $5 million Series-A investment to foster continued growth in some of the fastest-growing markets in the world including Turkey and MENA (Middle East North Africa). The round is led by Earlybird Venture Capital, one of Europe’s most successful, early-stage technology investors. The funding will enable Peak Games to execute on aggressive growth plans as the company solidifies its position as a global player in the expanding market for social games. Part of Peak Games’ success has been driven by how the company reaches underserved markets with localized and culturally-specific games that employ strong engagement and monetization strategies.
“The success Peak Games has had to date proves that the next big game genres on Facebook will offer culturally-relevant content and deliver a fully localized experience,” said Jason Whitmire, partner at Earlybird Venture Capital. “We believe that this investment will support the company as it taps the rapidly-growing social gaming potential in emerging markets.”
Peak Games, was launched by Sidar Sahin, one of Turkey and the Middle East’s most prolific entrepreneurs and most respected gaming experts in October 2010.
Three leading Baltic „internet daily deals“ companies Cherry.ee, Beta.lt and Grupinis.lt have signed a merger agreement, creating one of the region’s largest internet commerce companies with almost 1 million Euros in monthly gross turnover.
Beta.lt was founded by Alvydė Palaimaitė and MAKE Ventures, an investment firm owned by Ilja Polivanovas and Mantas Rauckis.
I’m happy to announce that we’re gladly continuing our media partnership with Finovate, the leading conference in innovative financial services startups.

Michael L. Smolens, Founder and Chairman of
“David is in sync with my vision of removing language as a barrier to cross-cultural communications, as well as building dotSUB into a truly global business,” states Smolens. “I also plan to stay actively involved with our activities as Chairman.”


