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Walking Dead: Road to Survival publisher Scopely raises $60 million to fund acquisitions and partnerships

Date Type Companies involved Size
June 15th, 2017 investment Scopely $60m
Walking Dead: Road to Survival publisher Scopely raises $60 million to fund acquisitions and partnerships

Los Angeles-based publisher mobile games Scopely has raised $60 million in a Series C funding round.

The money is set to be used to finance strategic investments, commercial partnerships and acquisitions.

The funding round was led by Revolution Growth, whose Managing Partner Donn Davis will join Scopely’s Board.

Other investors in the round included Greenspring, Sands Capital Ventures, Cross Creek Advisors and Pritzker Group Venture Capital.

War chest

The financing comes a year after Scopely raised $55 million in a Series B funding round.

Scopely has published numerous titles including The Walking Dead: Road to Survival and the recent WWE Champions. In total its network of games has more than 125 million players.

Left to right: Tim O'Brien, Chief Revenue Officer; Walter Driver, co-founder & CEO; Javier Ferreira, President & COO; Ankur Bulsara co-founder & CTO

“Closing less than 12 months after our Series B financing, Scopely’s new $60 million Series C financing is a great validation of the company’s momentum over the last year and because the company has already reached profitability this capital infusion will enable us to expand the business through inorganic means while we continue to execute on our path of organic growth in parallel,” said Scopely CEO Walter Driver.

“The opportunity to work with the founding team of AOL is extremely exciting for us as they have a long history of operating at the intersection of technology and media.”

Senior Editor

Craig Chapple is Senior Editor of PocketGamer.biz. He was previously Deputy Editor at Develop and Online Editor at Nintendo of Europe.

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