5th Planet Games pulls in $3 million in its first funding round

Jupiter is the fifth planet from the sun. It has 63 moons. 5th Planet Games is a developer of mobile games. It now has $3 million.

The studio revealed today that it secured $3 million in its first funding round. 5th Planet develops deep role-playing games as well as collectible-card games for mobile and the Web, and that experience convinced DCA Capital Partners to lead the investment with participation from Moneta Ventures. Gamers spent $16 billion on mobile in 2013, and that number will likely surpass $20 billion this year.