Sections

Scopely announces $200m in Series D funding

Financing will be used to accelerate mergers, acquisitions, and investment strategies

Mobile game developer and publisher Scopely has announced a $200 million Series D funding round to support its mergers and acquisitions and investment strategies to new games and IP.

The funding round was led by NewView Capital, with other investors including Canada Pension Plan Investment Board, Baillie Gifford, Greycroft Partners, Revolution Growth, and Sands Capital Ventures.

It's been a busy year of expansion for Scopely. In total, the company has brought in over $1 billion in lifetime revenue as of this past summer, with its game Star Trek Fleet Command reaching over $100 million in revenue on its own as of July. It's also expanded its Barcelona and Dublin offices this year, opened a new Japan location, and acquired MMO developer Digit Game Studios.

"With our business continuing to scale and the durability of our flagship properties, we are more bullish than ever on further expanding our portfolio through M&A," said Scopely co-CEO Water Driver. "This funding round adds the financial support to pursue large-scale acquisition opportunities."

More stories

EA ends support for mobile Tetris, Tetris Blitz

Android games delisted, iOS versions to remain through April

By Rebekah Valentine

Mobius Final Fantasy shutting down after five years

Japanese version of the game has already ended; global service to conclude in June 2020

By Rebekah Valentine

Latest comments

Sign in to contribute

Need an account? Register now.