Parallel Kingdom dev PerBlue raises $3 million

Ready for an expansion of staff and audience

Date Type Companies involved Size
June 10th, 2014 investment Lightbank
Parallel Kingdom dev PerBlue raises $3 million

US mobile developer PerBlue has announced a $3 million funding round.

The investment was led by Chicago investor Lightbank.

PerBlue says it will use the cash to bulk up its team, as well as building audiences for its games.

Greed is good

The startup out of University of Wisconsin-Madison is best known for its location-based title Parallel Kingdom, but in recent years has branched out into more traditional games such as strategy title Greed for Glory.

It claims around 10 million players globally.

"We're honored to be Lightbank's first investment in Wisconsin, and hope our success in Madison will lead to other innovations in the region," said Justin Beck, co-founder and CEO of PerBlue.

The company previously raised $800,000 in 2010 from angel investors.

Contributing Editor

A Pocket Gamer co-founder, Jon is Contributing Editor at 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.