Mobile gaming giant Scopely announces $55M funding

by John Siegel
July 26, 2016

Scopely, one of the leading mobile game development studios, announced a $55 million Series B funding today. The company also revealed plans to use the financing to continue to support its top grossing games The Walking Dead: Road to Survival and YAHTZEE With Buddies.

The Culver City-based company had previously received $35 million in November 2014, and has raised almost $100 million since its founded in 2011.

“Scopely’s growth has been driven by our focus on publishing and monetizing products which we can do systematically and sustainably," CEO and Co-Founder Walter Driver said in a statement. "With Greycroft and our other world class investors, we have the capital and strategic guidance to take our model and leverage it across an even more diverse catalog and audience.”
 
Greycroft Growth Fund led the round, with participation from Elephant Partners (founded by Warby Parker co-founder Andy Hunt), Evolution Media Partners, Highland Capital, Sands Capital Ventures and Take-Two Interactive. Greycroft Partner Mark Terbeek and Scopely President and COO Javier Ferreira will join the company’s board in coordination with the financing.

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