Scopely Raises Additional $200M in Series D Funding

scopely

Scopely, a Culver City, Calif.-based mobile-games developer, raised an additional $200m as part of its Series D funding round.

Backers included Advance and The Chernin Group. In conjunction with the funding, an Advance executive will join Scopely’s board of directors and a TCG representative will join as a board observer.

The new funding adds to the original $200m Series D round announced in fall 2019 and brings the total raised to date to over $650m. It brings Series D post-money valuation to $1.9 billion.

The company intends to use the funds for additional acquisitions and investments.

Founded in 2011 by Co-CEOs Walter Driver and Javier Ferreira, Scopely is an interactive entertainment and mobile games company which creates and publishes a diverse portfolio of immersive experiences, based on original franchises, for casual and core gamers around the world.

Have a look at the gaming portfolio here.

FinSMEs

19/03/2020

Join the discussion