The maker of internet game Crime City, backed by two International Data Group corporate venturing units, opts for the exit instead of a reported follow-on $50m venture round, which was said to be planned at a higher valuation.

Japan-based social gaming Gree bought US-based Funzio, backed by two International Data Group corporate venturing units, for $210m on Tuesday

The International Data Group-backed games maker of Crime City reportedly had been eyeing a $50m funding round at $350m valuation, according to news provider TechCrunch last month.

IDG Ventures (San Francisco) and IDG Capital Partners (China), two corporate venturing units of IDG, co-led Funzio’s $20m series A round last year. Phil Sanderson, managing director of IDG Ventures, joined Funzio’s board.

Funzio’s games include Crime City (pictured) and it was founded in 2010.