Deal

Chinese mobile publisher MorningTec raises $8.3 million

Haitong invests in tech/operations outfit

Date Type Companies involved Size
January 8th, 2014 investment Gamelion
Haitong
iDreamsky
Klik! Games
MorningTec
Yodo1
$8.3m
Chinese mobile publisher MorningTec raises $8.3 million

Yodo1 and iDreamsky are two of the best known companies who are publishing western mobile games in China.

But they are not the only ones.

MorningTec offers similar services, and as well as publishing mobile games also offers access to its Stella SDK, an Objective-C to Android middleware.

Cash in

And now it's closed its first big funding round to expand that vision.

The $8.2 million (RMB 50 million) investment was funded by Haitong Leading Capital Management.

Its VP Lv Jiadie said it thought that MorningTec's technical and operation expertise provide a strong foundation for future growth.

Technode is currently working with western developers such as Gamelion and Klik! Games.

[source: Technode]


Contributing Editor

A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.