Plans to offer cross-platform gaming for mobile and online.
As the mobile gaming space booms, Funzio is crying out for a $50 million funding round, which will push it to a $350 million valuation, according to TechCrunch.
If Funzio acquires the funding, it plans to build on its cross-platform offerings with a launch to new mobile operating systems and online portals.
Thus far, the firm has developed freemium games for iOS and Android as well as social networks Facebook and Google+.
In the past, CEO Ken Chiu worked on a deal with Zynga and developed gaming firm Storm8, though seemingly he now wants the same success for Funzio.
The round would follow the $20 million Series A capital the firm bagged last year.