Social Gaming Network Grabs Another Facebook App

Sadighi, Lalee
September 2008
Red Herring;9/16/2008, p7
Trade Publication
This article announces the acquisition of (fluff)Friends, a Facebook application that enables people to adopt virtual, fluffy creatures and spend real money, by Social Gaming Network (SGN). (fluff)Friends experienced a 192 percent increase in revenue per spender since its inception in January 2008. SGN is a developer of games for Facebook, MySpace and other social-networking web sites. SGN plans to use the funds it obtained in a series A round of financing deal in consolidating its game space on Facebook.


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