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This article was published on June 12, 2012

    Social games studio Peak Games hits 9.7m daily active users, raises more funding

    Social games studio Peak Games hits 9.7m daily active users, raises more funding Image by: Jo Chambers
    Robin Wauters
    Story by

    Robin Wauters

    Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

    Peak Games, a Turkish games developer focused on the emerging markets of Turkey, Middle East and North Africa, says it has recently become the third-largest social gaming platform in the world.

    The company asserts that it has reached 9.7 million daily active users (DAU) for its multiplayer social games in recent times, thus surpassing other giants like Electronic Arts (9.1 million DAUs) and Wooga (8.6 million DAUs).

    Only Zynga and King.com are currently bigger.

    Stunningly, Peak Games has reached almost 10 million daily active users in just 270 days after launching its social games venture.

    According to AppData, its games actually only have about 5.9 million daily active users, but Peak Games asserts that this is because its published titles – which have 3.7 million DAUs – are not being counted.

    Peak Games has also announced that its success has led to further financial backing from angel investor Ali Kutay, formerly CEO of WebLogic and GoldenGate – both were multi-billion dollar companies and both were acquired by Oracle during the man’s tenure. Kutay has also joined Peak Games’ board of advisors.

    The startup earlier raised roughly $18 million from Earlybird Venture Capital and Hummingbird Ventures.

    Peak Games further claims that its revenue in the first quarter of this year has increased tenfold compared to Q1 2011, but did not provide absolute numbers to back those claims up, so it’d be silly to pay too much attention to this.

    To accelerate its growth, the company has hired Robert Unsworth as its new Director of Business Development. Unsworth previously served as VP of Global Sales and Business Development at Peak Games rival Digital Chocolate.

    The company now boasts over 170 employees worldwide.