Already a major mobile player, Digital Chocolate has revealed it's picked up a multi-million dollar injection of funds from Bridge Capital Holdings as the firm looks to cement its position within social gaming.
Bridge Captial claims the credit will be used for 'general corporate purposes', but Digital Chocolate has earmarked both iPhone and Facebook as targets for expansion.
"Digital Chocolate is emerging as one of the new leaders in mobile and social games," said founder and CEO Trip Hawkins, Founder and CEO of Digital Chocolate.
"Bridge Bank will help us grow faster. They have confidence in our performance to date and the strong market position we are building."
Holding out for a Hawkins
Indeed, it's Hawkins's leadership that Bridge Capital claims is behind the investment.
"Trip Hawkins is one of the Valley's true visionaries with Digital Chocolate being a great example," offered senior VP of Bridge Bank's technology banking division, Ed Lambert.
"We are tremendously excited to provide partnership support for their expansion in the social gaming community."
Digital Chocolate has invested much in Facebook development of late. Franchises such as Millionaire City and Safari Kingdom are just two of seven releases on the platform.
Hawkins has long said that Facebook is in a similar position to Apple when the App Store first launched, with publishers needing to evolve beyond the 'spammy' and 'viral' techniques of early efforts to truly succeed on the platform.
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
Feature
May 17th, 2024
New release roundup: The best new mobile games from a battle royale to a console classic remake
Feature
May 16th, 2024
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
Events
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
Morocco Gaming Expo | Africa | May 24th |
MomoCon 2024 | North America | May 24th |
Unreal Fest Gold Coast 2024 | Australasia | May 29th |
Popular Stories
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Feature
May 14th, 2024