Pocket Gems Receives Minority Investment from Tencent

pocketgemsPocket Gems, a San Francisco, CA-based developer of original mobile games and interactive entertainment, received a minority investment from Tencent.

The company intends to use the proceeds and the partnership with Tencent to expand into global markets including China and reach over 1 billion players worldwide with its proprietary Mantis Engine and original IP.

Led by Ben Liu, CEO, Pocket Gems is a mobile entertainment company developing free-to-play games, which have been downloaded more than 200 million times across iOS and Android. Its Mantis Engine, which has native support for 3D graphics with a small memory presence optimized for mobile devices, was designed specifically to enable synchronous multiplayer gameplay and real-time communications by handling low connectivity associated with mobile networks.

Last month, Pocket Gems launched War Dragons in six countries.

The company has a team of 200 people and, following the investment, will continue to operate independently. It is backed by leading venture capital firm Sequoia Capital.





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