Said to have a war chest of $360 million, Zynga – the meteoric social gaming company – is seeking to raise $250 million. By pooling the money with an undisclosed investment from Google, the firm hopes to continue building itself beyond the addictive social games users play on Facebook. It wants to be the entry point of gaming. Zynga’s dependence on an API could hamper its making a bid to go public, so it needs money to build a model that can stand on its own.
Of course, there’s more to growth than money. The company needs talent to make it all happen. In addition to openings for flash and HTML developers, it’s seeking project managers, recruiters, database, network engineers and three chief technology officers (each for a different city). When applying, keep the words of CTO Cadir Lee in mind:
Zynga is very much a metrics oriented company, says Lee, “So we early on invest in analyzing data and working it into the fabric and the being of the company. It’s very much a science for us and there’s a lot of creativity, but that creativity is always balanced with a good healthy dose of analysis and metrics.
— Dino Londis