Set up by ex-Gameloft veterans, French F2P mobile developer Oh BiBi has announced a $4 million (3 million euro) funding round.
Two companies were involved: French investor Time Equity Partners and Japanese game publisher Gumi.
As part of the deal, Gumi will work with Oh BiBi in terms of its games such as Motor World Car Factory (which was published by DeNA's Mobage platform) and future releases.
All together now
Originally founded by Gameloft creative director Stanislas Dewavrin, Oh BiBi bulked up in 2013 when ex-Gameloft director of content and innovation Martial Valéry - who had worked on games like Asphalt and Despicable Me: Minion Rush - joined.
"We are confident in the success of Oh BiBi's next games," commented Gumi's CEO Hironao Kunimistu.
"Thanks to our expertise in the sector, we will provide them with operational support, its team being totally free of making its own choices."
"We are convinced that TIME's expertise in the media sector and in helping startup grow, combined with gumi's expertise in the mobile gaming market, will accelerate our development process. We could not dream of a better alliance, and we are delighted to have such experts working at our side," added Valéry.
Comments
Login to to leave a comment Or click here to register
Forgot password?
Password Reset
To reset your pass, please enter your email below and submit. Your new password will then be emailed to you.
You can change this pass at any time on the "edit profile" link when logged in.
Got your password?