CrowdStar And YouWeb Launch $10M StarFund For Mobile Social Game Development

Social gaming company CrowdStar is teaming up with the incubator which it was spawned from, YouWeb, to launch a $10 million venture fund, called the StarFund. The fund will make investments in promising mobile game developers. Game developers can apply to receive up to $250,000 in initial funding to develop their mobile games, if they are selected as part of StarFund. CrowdStar, which just raised $23 million in new funding, will also offer marketing, international distribution, and analytics resources to teams those games show promise.

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