Japan-based social network provider Gree buys OpenFeint for $104m and commits to an Android fund.
Japan-based social network provider Gree has become a cornerstone investor in a $100m venture capital (VC) fund that will invest in companies focused on the Android mobile phone operating system and acquired an online games network for $104m.
US-based VC firm DCM, which has a strategic partnership with China-based corporate venturing unit Legend Capital, will manage the A-Fund. Other limited partners in the fund beyond Gree include Japanese mobile operator KDDI and Chinese internet services provider Tencent with a US-based…
