Scopely, a Los Angeles, CA-based mobile entertainment network, closed a $55m financing round.
The round was led by Greycroft Growth Fund with participation from Elephant Partners, Evolution Media Partners, Highland Capital, Sands Capital Ventures, and Take-Two Interactive. In conjunction with the funding, Greycroft Partner Mark Terbeek and Scopely President and COO Javier Ferreira will join Scopely’s board.
The company intends to use the funds to invest in its top grossing games The Walking Dead: Road to Survival and YAHTZEE With Buddies.
Founded in 2011 by Walter Driver; Eytan Elbaz; Ankur Bulsara; and Eric Futoran, Scopely is a premier mobile entertainment network dedicated to offering games across all genres by blending in-house development with second-party talent and intellectual properties. The company’s games leverage a proprietary platform for technology, distribution, marketing and monetization and a team of 200+ engineers, data scientists and product managers.