CrowdStar, YouWeb Collaborate On $10M Mobile Development Fund

Social game developer CrowdStar (It Girl, Happy Aquarium) and incubator YouWeb are offering $10 million in funding for mobile game development. The fund, called StarFund, will be used "to help spur the next generation of mobile social gaming innovation," according to the company. "What we know is that great teams and products can still get to the top in mobile social gaming," said CrowdStar mobile head Blair Hamilton. "With StarFund, we are looking to fund the next stars in mobile social games." Developers may apply to receive up to $250,000 in funding through CrowdStar's online application. Traditionally social-only developer CrowdStar raised $23 million in funding earlier this year to expand its portfolio to other platforms. Its first mobile-only release, Top Girl, debuted just last month.