Mobile gaming association Scopely raises $60M

Scopely only announced that it has lifted $60 million in Series C funding.

The turn was led by Revolution Growth, a organisation led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), that targets startups outward Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is fasten Scopely’s house of directors, while Greenspring, Sands Capital Ventures, Cross Creek Advisors and Pritzker Group Venture Capital also participated in a new round.

Scopely has built a height for compelling and monetizing mobile games, either grown in-house or by third-party studios. Its titles embody The Walking Dead: Road to Survival, Wheel of Fortune Free Play and WWE Champions. The association says it reaches some-more than 125 million players, with The Walking Dead alone generating hundreds of millions of dollars in annual revenue.

In a appropriation release, CEO Walter Driver remarkable that it’s been reduction than a year given Scopely lifted a Series B, and he pronounced a association is already profitable. So because lift some-more funding?

“This collateral distillate will capacitate us to enhance a business by fake means while we continue to govern on a trail of organic expansion in parallel,” Driver said. “The event to work with a first group of AOL is intensely sparkling for us as they have a prolonged story of handling during a intersection of record and media.”

Scopely has now lifted scarcely $160 million in sum funding.

Featured Image: Scopely

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Posted by on Jun 15 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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