The Potrero Hill, San Francisco-based Mark Pincus social games venture, Zynga Game Network has closed a $29 million Series B funding round led by Kleiner Perkins.
New Kleiner partner and former Electronic Arts Chief Creative Officer Bing Gordon will be joining the board and getting actively involved in operations.
This follows a recent $10 million Series A and the investors in that round (Avalon Ventures, Foundry Group and Union Square Ventures) have participated alongside Kleiner and IVP in the Series B.
I suspect this funding will be used to fuel a number of acquisitions. This is borne out by Zynga’s additional announcement that they have acquired YoVille, a virtual-world app that has over 150,000 daily active users on Facebook.
[Hat tip to Fred Wilson at Union Square Ventures]