Trinity Ventureshas hired former GREE International strategist Ethan Fassett as entrepreneur in residence.
Fassett, pictured, was senior vice president at Japanese mobile social gaming network GREE, where he directed the social gaming platform team in the Americas and launched the firm’s first global gaming platform.
During his time as an executive with GREE the business grew from 80 to 500 employees and acquired game studio Funzio.
Venture capital continued its strong fundraising streak for 2012 with the news Trinity Ventures had completed a $325m fundraise for its eleventh investment vehicle.
The San Francisco City & County Employees’ Retirement System agreed to invest up to $20m in the fund following a $10m commitment to Trinity Ventures X in 2009.
Trinity’s latest vehicle is consistent its last four funds going back to 1999, which all brought in between $300m and $314m.
The firm also raised a $140m fund in 1998.
Fassett can be followed on Twitter on @fassetthound.
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