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Egg Baby dev Nix Hydra raises $5 million

Female-focused outfit in expansion mode

Date Type Companies involved Size
May 29th, 2014 investment Foundry Group
Nix Hydra Games
Egg Baby dev Nix Hydra raises $5 million

Mobile entertainment developer Nix Hydra has announced a $5 million Series A funding round.

Early-stage investor Foundry Group, previously involved with Zynga, FitBit and Harmonix, was the lead funder.

Buddy Media CEO Matt Britton also participated.

Nesting instinct

The round takes the Los Angeles-based outfit's total funding to more than $5.6 million.

It was founded in 2012 by Lina Chen and Naomi Ladizinsky, who previously worked at EA, Capcom and THQ, and describes itself as having a "predominately female fan base".

Its first successful release has been Tamagotchi-style nurturing game Egg Baby.

The funding will enable Nix Hydra to expand the almost 9 million-strong franchise internationally, as well developing new IP.

In conjunction with these goals, it is currently hiring.

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