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Walking Dead: Road to Survival publisher Scopely raise additional $100 million to fund acquisitions and investments

Walking Dead: Road to Survival publisher Scopely raise additional $100 million to fund acquisitions and investments

Walking Dead: Road to Survival publisher Scopely has raised an additional $100 million in funding.

The money is set to be used to finance acquisitions and investments in games studios and intellectual property.

The Los Angeles-based publisher had raised $60 million in Series C funding last year, but the round was heavily oversubscribed.

The additional $100 million was led by venture capital firm Greenspring Associates and Horizons Ventures, the fund of Hong Kong magnates Li Ka Shing and Solina Chau.

Scope to invest

In an interview with Variety, Scopely CEO Walter Driver explained that that company was looking to build on its existing network, which currently tallies more than 165 million users.

“We are looked at as a gaming company,” Walter said. “But we think of ourselves as an experience company.”

Prior to last year’s funding round, Scopely closed a Series A funding round worth $35 million back in November 2014, followed by a $55 million round in July 2016.

Following the various rounds of funding the company is now valued at more than $700 million.


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Staff Writer

Iain is a freelance writer based in Scotland with a penchant for indies and all things Nintendo. Alongside PocketGamer.Biz, he has also appeared in Kotaku, Rock Paper Shotgun, PCGamesN and VG24/7.

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