- General
- September 18, 2020
- 4 minutes read
Scopely Eyes New Funding
Scopely Chairman and co-CEO Walter Driver. Photo by Scopely Mobile games developer Scopely is in discussions with investors to raise…
Scopely Chairman and co-CEO Walter Driver.
Photo by Scopely
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Mobile games developer Scopely is in discussions with investors to raise new funding at a valuation of around $3 billion, according to a report [paywall] from Bloomberg. According to Bloomberg, Investment firms Wellington Management and NewView Capital are expected to lead a new round of at least $200 million for Scopely, which before now last raised funding in October of last year at a valuation of $1.7 billion. Since its inception, Scopely has raised more than $650 million in funding. Among the company’s investors include notable names like BlackRock, Greycroft, Baillie Gifford, Revolution, and Sands Capital Ventures.
Founded in 2011, Scopely has developed many mobile games including popular titles “Scrabble Go” and “Star Trek Fleet Command”. In January of this year, the company acquired FoxNext Games, best known for its “Marvel Strike Force” game, from Disney. Based out of Los Angeles, Scopely is one of the world’s biggest mobile gaming companies, with over $1 billion in lifetime revenue. The company has offices across the cities of Los Angeles, Barcelona, Boulder, Dublin, London, and Tokyo, along with additional studios in seven countries across four continents.
Scopely is one out of a sizeable cohort of billion-dollar mobile gaming companies globally. Others in that group include the likes of Niantic, Wildlife Studios, Jam City, and Playrix.
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