Scopely simply announced that it has raised $ 60 million in collection C funding.
The round used to be led via Revolution boom, an organization led via former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which goals startups outside Silicon Valley and ny. (Scopely is headquartered in l. a..) Revolution’s Donn Davis is joining Scopely’s board of directors, while Greenspring, Sands Capital Ventures, cross Creek Advisors and Pritzker crew project Capital also participated within the new spherical.
Scopely has constructed a platform for promoting and monetizing mobile games, whether developed in-house or by using third-party studios. Its titles embrace The strolling dead: highway to Survival, Wheel of Fortune Free Play and WWE Champions. the corporate says it reaches more than a hundred twenty five million players, with The strolling useless by myself producing tons of of millions of bucks in annual income.
within the funding liberate, CEO Walter Driver mentioned that it’s been not up to a 12 months due to the fact Scopely raised its series B, and he mentioned the company is already winning. So why raise extra funding?
“This capital infusion will allow us to extend the industry through inorganic means while we continue to execute on our course of natural increase in parallel,” Driver said. “the opportunity to work with the founding crew of AOL is intensely thrilling for us as they have a long historical past of operating on the intersection of expertise and media.”
Scopely has now raised just about $ 160 million in complete funding.
Featured picture: Scopely
cell – TechCrunch