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Digital Chocolate Gets Multi-Million Dollar Funding

CEO Trip Hawkins says new financing ìfor general corporate purposes" will help the mobile and social games developer grow faster.

Digital Chocolate has received a multi-million dollar revolving line of credit “for general corporate purposes” from Bridge Capital Holdings.

Founded in 2003 by Trip Hawkins, who was also the founder and CEO of Electronic Arts, the California-based social games developer has released over 80 titles for mobile phones, the web and Xbox Live in more than 80 countries.

"Digital Chocolate is emerging as one of the new leaders in mobile and social games," said CEO Hawkins. "Bridge Bank will help us grow faster. They have confidence in our performance to date and the strong market position we are building."

"Trip Hawkins is one of the Valley's true visionaries with Digital Chocolate being a great example," said Ed Lambert, senior vice president of Bridge Bank's technology banking division. "We are tremendously excited to provide partnership support for their expansion in the social gaming community."