Social games developer Playdom has reportedly secured $43 million in venture financing, with an equity stake based on a pre-money valuation of $260 million. New Enterprise Associates, Rick Thompson, Lightspeed Venture Partners and Norwest Venture Partners reportedly invested in the company, the first outside round of funding Playdom has participated in. A certain amount of speculation has flowed from the news — Tech Crunch, which reported the investment, speculates that the space's arguable leader (based on monthly average users), Zynga, is worth as much as $1 billion.
UPDATE: Playdom CEO John Pleasants said in a statement confirming the funding event: "We are focused on growing Playdom into a world-class gaming company. A
number of compelling games are in development for 2010, and we’re
bullish about our future and the potential to bring people together
through social gaming. Social
games appeal to everyone, everywhere. Our players range from ages 13 to
80 and come from more than 150 countries, so the opportunity for growth
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