- General
- August 14, 2020
- 3 minutes read
Wildlife Studios Raises $120 Million
Wildlife Studios CEO Victor Lazarte. Photo credit: Wildlife Studios Wildlife Studios, the Brazilian casual games studio behind hit titles such…
Wildlife Studios CEO Victor Lazarte.
Photo credit: Wildlife Studios
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Wildlife Studios, the Brazilian casual games studio behind hit titles such as Zooba, Tennis Clash, and Castle Crush, has raised $120 million in new funding that values the company at $3 billion. The new funding was led by Vulcan Capital, an investment firm founded by the late Microsoft co-founder Paul Allen and now chaired by his sister Jody Allen. With the new funding, Wildlife Studios, which was founded in 2011, has now raised $250 million in total funding since its inception.
Wildlife’s new funding follows a $60 million round that it closed in December of last year. That round, led by venture capital firm Benchmark, valued the gaming studio at $1.3 billion, a valuation that has now more than doubled in less than a year. As of the time when Wildlife closed the previous funding, the company had 500 employees, a number that has now boosted to 700 globally. The company has offices spread across the cities of São Paulo, Brazil; Buenos Aires, Argentina; Dublin, Ireland; and San Francisco, Palo Alto, and Orange County, USA.
Wildlife’s new fundraise has bolstered the company’s position as one of the world’s top-most gaming studios.