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August 21, 2012 03:49 pm GMT

Gourmet Ranchs Playdemic Raises $4M Led By IBMs Watson Family For Cross-Platform Social Gaming

playdemic logoPlaydemic, a UK-based developer of social games, has announced a $4 million round of funding from a group of investors, with $3 million of that from the Watson family -- the grandchildren of IBM founder Thomas Watson. The funding, it says, will be used to develop its idea of "second-generation social games" -- that is, cross-platform games that will be interoperable between TVs, tablets, smartphones, the web and Facebook --with at least four new games coming this year. This can be taken as a sign that, although the world's largest social gaming company may have had a knock in the markets after its last disappointing earnings, social gaming is still attracting investor attention, when the developers are bringing something new to the table.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DokyhRBO3zc/

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