Palo Alto-based social casino developer Huuuge Games has closed a $4.6 million series B funding round.

The funding round was led by Woori Technology Investment, along with Seoul Investment Partners and Kiwoom Investment.

Billion dollar industry

"This is a multi-billion dollar opportunity for Huuuge," said Anton Gauffin, CEO of Huuuge.

"Our real-time multiplayer approach is a game changer and we are on a mission to offer a radically better, truly social and global casino gaming experience. Today's funding will help us deliver this vision in new market regions."

The funding will be used by Huuuge to grow its business, which has seen global revenues increase 12x in the past 12 months.