It is really, really difficult to create a company and grow it to the point where investors believe it is worth $1 billion or more. That milestone is so difficult to achieve, in fact, that investors call companies that do this “unicorns.”
iPad and iPhone accessory maker Discovery Bay Games has raised $15 million in its second round of funding, with a goal of creating better gaming experiences on those devices, the company announced Tuesday.
Updated at 4:30pm PST for record $1 million amount. Earlier this week, crowd-funding site Kickstarter set a new record when the Elevation iPhone Dock...