With an aim to make a greater impact in the west, Chinese developer Cocoa China has closed its second funding round, worth $14 million.
The studio is best known for freemium hit Fishing Joy, which has amassed a userbase of 10 million across Android and iOS since it launched in July, and is a top grossing game in China.
The firm has also made a name for itself in its home country by playing host one of the largest iOS developer communities in China, giving it the potential to become a publisher or even offer platform and monetisation services.
Thirst for freemium
The round was led by Steamboat Ventures, with the Chinese arm of Sequoia Capital - an investor in US social studio Pocket Gems - and Northern Light Venture Capital, which had already injected $1.2 million into the firm in a previous funding round, also involved.
The Cocoa China investment is just the latest in a season of funding rounds and acquisitions of freemium and social gaming studios.
