Dragonplay Raises $14M in Series A Funding

Dragonplay, a Tel Aviv, Israel-based free-to-play social games developer for smartphones and social networks, has raised $14m in Series A funding.

Backers include global venture capital firm Accel Partners, Founder Collective and Entrée Capital.

The company intends to use the capital to expand its existing portfolio of games on Android and Facebook, launch on new platforms including iOS, grow its team and game development capacity, and consider studio acquisitions.

Founded in 2010 by Sharon Tal with seed capital from funds represented by Entrée Capital, Dragonplay specializes in multi-platform social game experiences in the cards & casino and board game category. Titles include Live Holdem Poker Pro, Live BlackJack, Farm Slots and Sea Battle.

In conjunction with the funding, Adam Valkin, partner at Accel Partners, has joined the board of Dragonplay.

The company has 23 employees.

FinSMEs

03/04/2012

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