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February 14, 2012 09:45 am GMT
Brazilian social gaming giant Vostu is laying off an undisclosed number of employees, we've learned. Vostu, which has raised $46 million from Intel Capital, Accel Partners, General Catalyst, and Tiger Technology Global Management; is one largest social gaming companies in Latin America. The gaming company was founded in 2007 by three Harvard classmates: CEO Daniel Kafie, chief scientist Mario Schlosser, and Joshua Kushner.It's unclear what's caused the layoffs but Vostu is fresh off of a settlement with Zynga over copyright issues. As we've reported in the past, Zynga hit Vostu with a massive lawsuit in June of 2011, alleging that the company was copying Zyngas games. In fact, Zynga alleged that Vostu was copying Zynga's games so closely that they even inadvertently included the bugs.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/U9oz45aXYtc/
After Zynga Settlement, Layoffs Hit Brazilian Social Gaming Company Vostu
Brazilian social gaming giant Vostu is laying off an undisclosed number of employees, we've learned. Vostu, which has raised $46 million from Intel Capital, Accel Partners, General Catalyst, and Tiger Technology Global Management; is one largest social gaming companies in Latin America. The gaming company was founded in 2007 by three Harvard classmates: CEO Daniel Kafie, chief scientist Mario Schlosser, and Joshua Kushner.It's unclear what's caused the layoffs but Vostu is fresh off of a settlement with Zynga over copyright issues. As we've reported in the past, Zynga hit Vostu with a massive lawsuit in June of 2011, alleging that the company was copying Zyngas games. In fact, Zynga alleged that Vostu was copying Zynga's games so closely that they even inadvertently included the bugs.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/U9oz45aXYtc/
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