Innospark raises $6.5 million to expand into China with cross-platform midcore games
Keytone Ventures leads the round
By Jon Jordan
| Date | Type | Companies Involved | Size |
|---|---|---|---|
| Jun 24, 2015 | investment | Innospark Keytone VC | $6.5m |
Korean mobile developer Innospark has closed a $6.5 million Series B funding round.
Keytone Ventures was the lead investor, while SL investment and Company K Partners also invested.
To-date, Innospark has launched two games Hero Sky and Dragon Friends.
It will use the funding to operate these games, while also expanding its team and invest in future games, with a particular focus on competitive midcore games.
"This is an important next step for Innospark," said CEO and co-founder Jae Chan Shin.
"This will lead Innospark to not only penetrate the Chinese market, but also succeed in the global market.
"Also, it will be helpful to accelerate our development process for multi-screen platforms, such as Windows 10."
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