Comparing the mid-core social publisher to its peers, GREE ranked it in joint second place with EA and TinyCo, but behind Zynga in terms of the number of games in the US top grossing chart during April.
Not the most scientific approach given that the company released its third game in April, so ranks higher than it previously would have done.
Funzio has released three iOS games - Crime City, Modern War and Kingdom Age. Between them, they have been downloaded 20 million times.
Fast growth
More interesting, GREE revealed that Funzio had posted revenues of $5 million in April, and around $12 million during the first three months of 2012.
This was up 100 percent compared to the October-December, which was itself up three-fold compared to the July-September quarter.
Without knowing how profitable the company was, it's hard to make many assumptions about whether GREE overpaid for Funzio. Of course, the price wasn't to do with gaining short term growth, but plugging Funzio into GREE's much more strategic new platform launch.
Still, considering GREE paid $104 million for the loss-making OpenFeint, Zynga is spending up to $210 million buying at the time, the loss-making OMGPOP, and DeNA spent up to $403 million on the historically loss-making ngmoco, it's certainly a step in the right direction.
[source: GREE (PDF)]
