Games News

Trade Nations dev picks up new funding, former Xbox exec Ed Fries

Here’s another iPhone dev hitting the jackpot: Developer Z2Live is the company behind the hit iPhone social game Trade Nations, and it’s picked up what’s probably a nice chunk of change in a round of funding from VC firm Draper Fisher Jurvetson. Unfortunately, the actual total of funding hasn’t been disclosed, but given the popularity of the game and its in-app purchase business model, there’s likely six digits or more of money changing hands here.

Enough to attract some talent, too — the company has also picked up Ed Fries to join the board of directors. Fries was originally a Microsoft executive who co-founded the Xbox Project, and helped put together Microsoft Games Studios. More recently, he’s been working on 3D printing at Figureprints, a company that makes real-life printouts of in-game avatars. This position sounds like it will overlap with that one, but even so, Z2Live will most likely benefit from the experience.