Scopely Raises $35M For Its Mobile Gaming Platform

Scopely Raises $35M For Its Mobile Gaming Platform

Scopely, a Los Angeles startup that’s constructed a platform for distributing and monetizing mobile video video games, is saying that it has raised $35 million in Assortment A funding.

Co-founder and CEO Walter Driver alternately described his goal to me as creating “the HBO of mobile video video games” and “the HBO of touchscreen leisure.” The company every develops its private video video games and as well as publishes video video games develops by others. The necessary factor, he said, is that a lot of the studios creating the right video video games don’t have the suitable devices to promote and earn money from their titles.

“Our focus is all about developing the enterprise and know-how platform to activate analytics, advert meditation, distribution, for in all probability probably the most elite builders,” he said. “It’s truly unprecedented for an organization inside the recreation space to focus on the game publishing options first, and to supply these at a really extreme diploma for recreation studios.”

Scopely’s video video games embrace Disco Bees, Dice With Buddies, and Slots Journey. However, Driver claimed that the company’s subsequent wave of video video games will characterize an unlimited step up: “In relation to how immersive and powerful the experience is, the video video games which could be coming out inside the subsequent 12 months are an order of magnitude bigger than what we’ve achieved thus far.”

The company raised an $eight.5 million seed spherical in 2012 — as soon as I heard that, I said it seems like some large money for a seed spherical, merely as $35 million seems like fairly a bit for a Assortment A.

“Yeah we’re an formidable agency with ambitous plans,” Driver responded, stating that the company made the seed funding remaining for two years. “I really feel we’ve been very capital surroundings pleasant up to now.”

The model new spherical was led by Evolution Media Companions and Highland Capital Companions, with Knoll Ventures, Greycroft, The Chernin Group, and Sands Capital Ventures moreover collaborating inside the spherical. Rick Hess, co-founder and co-managing affiliate of Evolution Media Capital (which is part of the three approach partnership that created Evolution Media Companions) and Highland Capital companion Andy Hunt (who’s moreover co-founding father of glasses startup Warby Parker) could be turning into a member of Scopely’s board of directors.