Remove 2015 Remove Develop Remove Invest Remove Mobile
article thumbnail

Jam City Raises $350M, Acquires Ludia For $165M

socalTECH

Los Angeles-based mobile games developer JamCity is continuing its growth, saying on Wednesday that it has raise $350M in new funding, and acquired mobile game studio Ludia. According to the company, it paid $165M to acquire Ludia from Fremantle.

Burbank 113
article thumbnail

Scopely Buys DIGIT Game Studios

socalTECH

Los Angeles-based mobile game publisher Scopely has acquired DIGIT Game Studios , the game development studio behind its hit mobile game, Star Trek Fleet Command , Scopely announced on Thursday. Scopely was already a strategic investor in Dublin, Ireland-based DIGIT, having made an investment in DIGIT in 2015.

Mobile 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Carbonated Games Finds $8.5M

socalTECH

El Segundo-based Carbonated Games , a developer of mobile games, has raised $8.5M Carbonated focuses on developing "highly competitive" games for mobile devices, which are more in line with the hard core games found on consoles and PCs, rather than the more usual casual gaming market. READ MORE>>.

article thumbnail

CerraCap Gets Exit At Swych

socalTECH

Costa Mesa-based venture capital investor CerraCap Ventures says it has seen an exit out of its investment portfolio, saying that the sale of digital gifting and exchange company Swych resulted in a 4.3X Swytch was a developer of digital gift card and mobile gifting apps, and was acquired about four weeks ago by a company called Finablr.

article thumbnail

Realistic Strategies For Funding Product Development

Startup Professionals Musings

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. It’s still considered high risk for investment, since manufacturing and quality issues are likely. Product verification and clinical trials. Business commercialization.

Develop 102
article thumbnail

Robotoki Nabs Funding For Zombie Apocalyse Game

socalTECH

Robotoki , a Los Angeles-based game developer headed by Robert Bowling, formerly working on Call of Duty, has raised a funding round from NEXON Co., Financial details of the investment were not announced. Nexon said the investment will go towards developing games based on Robotoki's multi-screen, cross-platform games.

Funding 164
article thumbnail

AT&T’s 1.9 Billion Investment In Greater L.A. Area Expanding 4G LTE

Tech Zulu Event

For years, AT&T invested more than $1.9 The telecommunications firm says people in Los Angeles increasingly depend on mobile Internet connections for communication, entertainment and productivity at work, at home and everywhere. billion Investment. billion Investment. 950 Wireless Network Upgrades.

Invest 68