The search engine company raises $47,5m from gaming company Zynga's secondary offering as its prolific deal-making continues.
Google’s corporate venturing unit’s portfolio companies had a busy time last week, with social gaming company Zynga issuing a secondary sale and games company Kabam sealing an acquisition, while the corporate venturing unit inked some early stage deals.
Zynga raised $515m, by selling nearly 43 million shares at $12 per share on Thursday. The filing is here.
Google sold nearly 4m shares, worth $47.5m, as part of the secondary offering. It now holds 19.3 million Zynga shares, which…