Frozen-rails-2014

Rovio Seeking Funding At $1.2B Valuation?

Bloomberg has a story on Rovio, the makers of Angry Birds, that they'd be looking for financing at $1.2B valuation. Bloomberg refers to two people familiar with the matter, but does not disclose who they are. What makes this financing talk a little more interesting (not that it would need to be at such valuation) is that Rovio is said to be in talks with a company in the entertainment business to take on a strategic investment. Similar offers have been rejected from large institutional investors Bloomberg's sources said.

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