SGN Takes Investment From Eric Schmidt’s Tomorrow Ventures

Palo Alto based Social Gaming Network, which focuses on multiplayer iPhone/iPod/iPad games, has raised a first tranche in a second round of financing – $2 million from Tomorrow Ventures (Google CEO Eric Schmidt’s investment firm) and Xing founder Lars Hinrichs.

The company previously raised $15 million. Founder Shervin Pishevar says this new round is the first tranche in a much larger Series B funding.

Unlike most social gaming companies today, SGN has focused on very high quality games that allow multi-player gaming from different devices. Skies Of Glory is the office favorite. The company will soon be releasing titles for Android devices, says Pishevar.


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