
CHRIS LEE
Networth: $ Private
Chris Lee, 28, is a co-founder 6 Waves. Social games developer 6 Waves on Thursday announced it scored a $17.5 million round of venture capital to build up its distribution across Facebook.
Ex-Yahoo (YHOO) workers Ng, Cheng, and Lee reconnected on Facebook and created 6waves, a startup that since its early 2008 inception has developed social applications and casual games on the Facebook platform. During the last year, 6waves has grown quickly and has already acquired more than 32 million monthly users.
One of the leading companies already gaining steam on the Facebook Platform is Hong Kong-based developer 6 waves. 6 waves is developing applications both for itself and major Hong Kong brands. I recently spoke with Rex Ng, Co-Founder and Managing Director of 6 waves, to learn more about the company and the state of the Facebook Platform in the region.
Hong Kong-based 6 Waves was formed in 2008 by former Yahoo employees Rex Ng, Chris Lee, and Terry Cheng. The trio began developing social applications and casual games for Facebook and now claims 6 Waves the largest distributor of social games with 50 million monthly users.
“Social games have expanded rapidly, fueled by the strong growth of social networks,” 6 Waves CEO Ng said in a statement.
New York-based Insight Venture Capital pumped the $17.5 million stake into 6 Waves for the company to boost its distribution infrastructure and expand.
We have presented to all the major agencies in Hong Kong, and we also have direct sales that connect with potential clients. We also run promotions within our app network on Facebook and do IP targeting.
As of late, we created an app for PCCW called Moov, a popular fee-based music service in Hong Kong. They have year round concerts to promote various local artists. We created an app that enables users to create music videos featuring their friends. We got extremely positive review from both the client as well as wall comments from users. (source: Bloomberg business week)